this post was submitted on 12 Aug 2024
924 points (97.7% liked)

Degrowth

755 readers
1 users here now

Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] grandkaiser@lemmy.world 2 points 2 months ago (2 children)

Has anyone actually ever said that trickle down economics works...? I see people making fun of it all the time, but no one seems to be championing it? Is it just one giant straw man?

[–] Blackmist@feddit.uk 8 points 2 months ago

I don't think anybody actually believes it works, but they'll tell you it does when they give tax breaks to the wealthy "job creators".

[–] MrMakabar@slrpnk.net 2 points 2 months ago

They do not call it trickle down economics when lobbying. However tax breaks for the rich to increase investment and consumption are extremly common.