Opinion: Trickle Down or Trickle Up?

Of all the excuses capitalists conjure to excuse exploitation, trickle down has been one of the most commonly referred to. As capitalism inevitably concentrates the majority of wealth in the hands of a minority, it is difficult to pass neo-liberal policies as developmental. There is little question that capitalist methods are the most effective in increasing economic growth, and are better than perhaps any other model in that regard. However, capitalism as a model for development is simply ridiculous. Neo-liberals calling on trickle down as when imperialists called on social Darwinism to excuse foreign expansion. To enforce a system that is immoral and only serves… continue reading →

This entry was posted in Economics, Opinion by Julian Modiano. Bookmark the permalink.

About Julian Modiano

Julian Modiano was born in 1993, in Rome, Italy. He moved from Rome to Santiago, Chile, when he was just three. After Chile, he moved to South Africa – where he encountered a completely different society and discovered the importance of cultural diversity. It was also there that the first anti-capitalist feelings were probably beginning to form in his unconscious. He then moved to Rome, and then Argentina. He is now going to study Sociology at the University of Exeter, in England.

What do you think?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s