Yes. A key contradiction in capitalist economics is that the wealthy have a much lower marginal propensity to consume than the working class. Therefore the more wealth the rentiers capture, the lower the velocity of money. One way to recirculate that money would be to levy steep taxes against them. Another would be if they would just spend more money on labor.
Government revenues aside, for a functional capitalist economy the money has to flow vertically one way or another. It’s A or B, and they constantly bitch and moan about both. We cannot have a functional capitalist economy when these chucklefucks are dictating policy.
I’m sympathetic to communism myself, but that’s not hard to do when we’re living through the failure of late stage capitalism.
Pay taxes.
Yes. A key contradiction in capitalist economics is that the wealthy have a much lower marginal propensity to consume than the working class. Therefore the more wealth the rentiers capture, the lower the velocity of money. One way to recirculate that money would be to levy steep taxes against them. Another would be if they would just spend more money on labor.
Government revenues aside, for a functional capitalist economy the money has to flow vertically one way or another. It’s A or B, and they constantly bitch and moan about both. We cannot have a functional capitalist economy when these chucklefucks are dictating policy.
I’m sympathetic to communism myself, but that’s not hard to do when we’re living through the failure of late stage capitalism.