"trickle down theory" seems obviously correct to me. Like, if a person has lots of money, it's stupid to sit on it - they invest it, found businesses, hire people, buy things - all of which are putting money back into lower tiers of the economy to me. Am I missing something big?
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Billions of humans still live in the Stone Age and dark ages, when we actually are perfectly capable of ending poverty so the current system that creates enormous suffering is very much not an accident. America is a very insulated bubble that tends to be blind to what’s going on
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"Billions of humans still live in the Stone Age and dark ages" No. Even outer Lagos is thoroughly in the modern era. Ending absolute poverty is probably possible via open borders, massive institutional reform, or massive foreign aid, but all are immediate nonstarters.
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