2 ms·
I think here's exactly your problem. All the freedom (to discretionaly spend) is now at the top, compared to the 1955. Today, people formally do get the money,
by js8 6y ago
I think here's exactly your problem. All the freedom (to discretionaly spend) is now at the top, compared to the 1955. Today, people formally do get the money, but immediately they have to spend them again up on the medical care, rent, education and other required social services. (And debt service - I think debt servitude also plays a role in this.)
On the other hand, you tax corporations less. So the corporations (which are controlled by a small group at the top) have all the freedom to spend. But what would they buy? Will their spending increase their profit?
That's why you are not "building society" anymore - concentration of wealth. And as a result, people do have less freedom to spend (less money), and they will not engage in interesting endeavors.