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Economics theory as taught in U.S. universities literally says that tax cuts to the rich are overall beneficial, that welfare is bad and unemployment is bad, i
by devwastaken 5y ago
Economics theory as taught in U.S. universities literally says that tax cuts to the rich are overall beneficial, that welfare is bad and unemployment is bad, it actually states that equality is opposite of economic efficiency.
Capitalism is a religion, they believe because they grew up told to believe it. We have found out that the theory is almost entirely made up and rarely reflects reality.