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@Capitalists

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diamondmark is not online. diamondmark
Joined: 22 Apr 2011
Total Posts: 1779
17 Apr 2014 08:40 AM
Do you believe that the idea of wealth just trickling down from rich to poor is legitimate?
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0Z0NE is not online. 0Z0NE
Joined: 25 May 2010
Total Posts: 7951
17 Apr 2014 08:42 AM
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Redsoxs4 is not online. Redsoxs4
Joined: 15 Jun 2011
Total Posts: 17324
17 Apr 2014 08:42 AM
I believe that if you have the strive to work and be successful, there is a good chance you will be. Though, most rich people are philanthropists.
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Riducule is not online. Riducule
Joined: 18 Jul 2013
Total Posts: 3271
17 Apr 2014 08:45 AM
That's not really how capitalism works. x2
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midmystsalt2 is not online. midmystsalt2
Joined: 06 Apr 2014
Total Posts: 154
17 Apr 2014 08:51 AM
I know next to nothing about trickle-down economics, actually. But from what I'm reading, instead of having a hands-off approach to the economy, the government specifically favors the rich, giving tax cuts and other benefits to big business. I'll continue reading about it, but it doesn't seem like something a libertarian or a laissez-faire capitalist would advocate - rather, they would just take the government's hands off of the economy as much as possible, instead of just shifting the benefits to the rich.

I found this article on the subject:

http://beforeitsnews(dot)com/libertarian/2012/10/free-market-advocacy-and-the-myth-of-trickle-down-economics-2462190(dot)html

Again, I don't know much about it and I haven't formed a solid opinion on it. But currently, I'm leaning against it.
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0Z0NE is not online. 0Z0NE
Joined: 25 May 2010
Total Posts: 7951
17 Apr 2014 04:53 PM
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diamondmark is not online. diamondmark
Joined: 22 Apr 2011
Total Posts: 1779
18 Apr 2014 03:55 AM
Sorry, it was just a question addressed to capitalists because some capitalists say they believe in it. I know its not part of capitalism, should have rephrased xx
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