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Response to G_j (Original post)

Tue Feb 2, 2021, 01:45 PM

11. We also invest in potential--the potential for something creative and small to grow

into something big and profitable, whereas it seems the Republican way is to reward cruder manifestations of success, like net worth (through tax cuts and loopholes), allocating more money to corporations and individuals already at the top of the list hoping they will expand and employ, when they move towards automation and financial strategies that don't result in expansion.

I think it's Thomas Piketty in his book "On Capital" argues that the wealthiest among us don't actually spend much money. That capital often sits and accumulates more capital. Or worse, incestuous schemes like share buybacks...

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Arrow 22 replies Author Time Post
G_j Feb 2021 OP
no_hypocrisy Feb 2021 #1
Buckeye_Democrat Feb 2021 #3
Buckeyeblue Feb 2021 #5
Tommymac Feb 2021 #7
Buckeye_Democrat Feb 2021 #2
stevesinpa Feb 2021 #13
Harker Feb 2021 #4
tclambert Feb 2021 #15
Harker Feb 2021 #20
Wawannabe Feb 2021 #6
WarGamer Feb 2021 #8
Hortensis Feb 2021 #9
DFW Feb 2021 #10
LineReply We also invest in potential--the potential for something creative and small to grow
Mike 03 Feb 2021 #11
malthaussen Feb 2021 #12
LiberalLovinLug Feb 2021 #14
Bernardo de La Paz Feb 2021 #18
uponit7771 Feb 2021 #21
Dawson Leery Feb 2021 #16
Celerity Feb 2021 #19
Bernardo de La Paz Feb 2021 #17
Vinca Feb 2021 #22
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