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this post was submitted on 30 Aug 2023
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BrainWorms
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Trickle-down economics and Reagan's neoliberal approach have shown their limitations in today's world. The promise of benefits trickling down from the wealthy to the rest of society often falls short. Instead, we witness increasing income inequality and a shrinking middle class. It's clear that relying solely on the wealthiest to drive economic growth doesn't create widespread prosperity.
To strengthen societies, we need innovative strategies that prioritize the middle class. Investing in education, healthcare, and social services can provide more opportunities and upward mobility. Supporting small businesses, fostering innovation, and ensuring fair taxation can also contribute to a more equitable distribution of wealth. It's time to challenge the old paradigms and explore new approaches that truly uplift all members of society, fostering sustainable growth and shared prosperity.
Why only the middle class? The lower class needs social welfare too, even more.
Yeah, I don't get why societies are supposed to accept that there's a 'lower class' to begin with. The only reason capitalists want this is so they can point at them as an example as to what could happen to you if you do the 'wrong' thing. That's why they're freaking out about 'full employment'.
By this point, it kinda feels like to the 1%, there never was a "middle class" - it's an illusion to give people hope.
Lyndon B Johnson once said "If you can convince the lowest white man he's better than the best colored man, he won't notice you're picking his pocket. Hell, give him somebody to look down on, and he'll empty his pockets for you.”