Comment by dude250711
5 hours ago
They just have not considered the massive shareholder value being captured, which under capitalism is certainly guaranteed to trickle down, as it had been historically proven time after time.
5 hours ago
They just have not considered the massive shareholder value being captured, which under capitalism is certainly guaranteed to trickle down, as it had been historically proven time after time.
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The parent comment was so sarcastic, it actually defeats Poe's law.
Most Americans directly own stocks and a college graduate is even more likely to. This isn't the 1860's so a lot of these critiques of capitalism are anachronistic. The reality is "shareholders" are fairly ordinary people and not a tiny and mysterious group of elites.
First, trickle-down economics is a modern neo-liberal concept.
Second, most people just do not earn enough to invest a significant amount of money in stocks. It's a system that largely benefits the rich. The more money you already have, the more you can invest.