493
this post was submitted on 20 Dec 2023
493 points (96.6% liked)
Technology
59578 readers
3060 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
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
That's what they think, or at least that's what they want you to think. Every study has shown that every dollar you give to anyone below the 40th percentile returns more than a dollar to the economy. The lower on the totem pole, the more it grows the economy. The opposite is also true. For every dollar you give the top 10 percent, 70 cents or less goes back into the economy.
The more they give the poor, the richer they would get, but the money isn't the point. Cruelty is. They want to cause as much harm as they can get away with before we whip out the trebuchets and guillotines.
But that risks poors being less poor and exploitable. It's ultimately about the control.
They'd keep the control if they gave the poor the resources they need. That doesn't upset the balance of power, it just grows the economy to the size it needs to be for everyone to thrive. Control is already secured. Cruelty is the point.