I honestly don’t think the problem is that Capitalist’s don’t understand that concept; they very much do.
They also understand that the money for raising that floor would likely come from taxes on them; and so keeping the floor low means that they can keep even more profit.
It’s not a lack of understanding. It’s pure unadulterated evil.
There are definitely bad actors out there trying to convince people of misconceptions, and I’m sure they have a non-zero amount of success. I recall being told some overly simplifying misconceptions of socialism when I was young.
The reason social democracy doesn’t work is because it doesn’t change the power structure. It’s treating a symptom and not the root cause. By leaving the root cause untouched, the symptoms will always come back.
I think its more than that, they already have all the money, but wealth is relative so if they can make everyone else twice as poor then their wealth relative to everyone else just doubled.
I honestly don’t think the problem is that Capitalist’s don’t understand that concept; they very much do.
They also understand that the money for raising that floor would likely come from taxes on them; and so keeping the floor low means that they can keep even more profit.
It’s not a lack of understanding. It’s pure unadulterated evil.
There are definitely bad actors out there trying to convince people of misconceptions, and I’m sure they have a non-zero amount of success. I recall being told some overly simplifying misconceptions of socialism when I was young.
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The reason social democracy doesn’t work is because it doesn’t change the power structure. It’s treating a symptom and not the root cause. By leaving the root cause untouched, the symptoms will always come back.
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I think its more than that, they already have all the money, but wealth is relative so if they can make everyone else twice as poor then their wealth relative to everyone else just doubled.