this post was submitted on 15 Apr 2024
829 points (98.9% liked)
Political Memes
5409 readers
3525 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Ya know, I always found this to be the bizarre thing about the rich and powerful. They try to hold onto their wealth and power that it inevitably will start to seep from between their fingers like sand. If one wants to hold wealth and power the most effective way much like sand is to hold it gently and evenly.
There's an expression in Japan (I think): "A rising tide lifts all boats." The rich could get EVEN RICHER if they helped people out of poverty, who would then likely buy more of whatever it is the rich sell to get rich. But that's long term thinking...
The problem with that sense of Trickle Down Economics is that these better Capitalists that pay more cannot do so when in competition. Similarly, raising minimum wage, while massively helpful for humanity, lowers the rate of exploitation and thus lowers the rate of profits for business owners.
This is the key of why Capitalists cannot be convinced to do better, it will always hurt them.
This one originates from the United States, popularized by Kennedy.
That's also an English expression