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“Top-Heavy Capitalism Will Collapse Under Its Own Weight”: Woman Online Devotedly Explains The Dark Side Of The Free Market Theory
The economy plays a crucial role in our everyday life. Our whole existence is essentially a business because everything runs on money and money only. The economy exists for the sake of understanding humans and our motivations so that society can promise us a wealthy and comfortable life – however, sometimes, the upper bosses tend to ignore that the main goal is to create a secure and poverty-free life and focus on the strict and most of the time unfair business only.
This Twitter user decided to call out the conservative economists, who still believe in the free market system and a few other theories. The thread received almost 3K likes and gave us a straightforward yet very educating take on the current economic state.
It’s beneficial to educate ourselves about current issues, even if deep down we know that our voices probably won’t be heard for the next couple of centuries. Yet constantly raising awareness about any type of social issue will bring us, simple people, closer together, and we’ll be able to fight the injustice in our materialistic world.
More info: Twitter
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The free market is dead, but some economists continue believing in its “wonders”
Image credits: Mike Schmid
This Twitter user educated people about how this theory is just a bunch of nonsense
Image credits: AlexandraErin
The Twitter user Alexandra Erin voiced her concerns about the current state of the economy. Specifically speaking, about those conservative economists that still believe in the good side of the free market, when there’s no way it could possibly work and be beneficial for all of us.
Image credits: AlexandraErin
Image credits: AlexandraErin
Image credits: AlexandraErin
The woman proceeds to explain how the economy should actually work. For instance, if one is thinking about giving a dollar to a billionaire, in the reality, the dollar should always be given to a minimum wage worker, as that way the dollar will get spend straight away and will generate an economic activity. Whereas giving a dollar to a billionaire will do nothing, as they already have a hefty amount of money in their pocket.
Image credits: AlexandraErin
Image credits: AlexandraErin
Image credits: AlexandraErin
Alexandra also points out that the money that was given to a minimum wage worker or even a homeless person will continue being spent and eventually will end up in the wallets of those billionaire investors that the economists wanted to give to in the first place.
Image credits: AlexandraErin
Image credits: AlexandraErin
Image credits: AlexandraErin
For the sake of the argument, the Twitter user supposes that giving the money to those wealthy investors would actually do wonderful things for our society – but she explains how it would still make more sense to administer money to those who are at the bottom of the economy, as it will end up at the top, either way – but in this case, it will work all the way through.
Image credits: AlexandraErin
Image credits: AlexandraErin
Image credits: AlexandraErin
As well as that, the woman expressed her confusion about how administrating money to the wealthy was ever a good idea, as giving the economic relief to minimum-wage people will start a whole cycle of enrichment. For example, the people will immediately spend that money, supporting the businesses that support those exact investors.
Image credits: AlexandraErin
Image credits: AlexandraErin
Image credits: AlexandraErin
Alexandra believes that the secret to keeping the capitalism running for a great amount of time would lay in constantly circulating the money. As when the money circulates, there’s more wealth and prosperity. Customers need to have money in order to do business, and businesses need those customers.
Image credits: AlexandraErin
Image credits: AlexandraErin
Image credits: AlexandraErin
It’s not a secret that money has overtaken the whole world and the main focus is more often than not aimed towards that, rather than towards any social concerns and the overall interest of humans. Which is why it’s a good idea to raise awareness whenever it’s possible. Just like Alexandra did.
What do you think about this thread? Do you agree with Alexandra’s take on the current economic beliefs and issues?
Fellow online users also expressed their opinions
Image credits: anarchytabletop
Image credits: KngKnta2
Image credits: Activoid
Image credits: grayan12
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What do you think ?
Nikki Sevven 2 years ago
Wealthy people don't spend but a fraction of their wealth. Mainly, they're money hoarders, taking money OUT of the economy, thus stagnating said economy. Give that money to the poor and working class, and you'll have a robust, healthy economy.
Martha Meyer 2 years ago
Or they spend it by literally blowing it up, i.e. shooting a rocket into space with a bunch of tourists in it. That money would have been better spent in the hands of any of the world's space agencies that actually use it for research that will benefit all of us.
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Luther von Wolfen 2 years ago
OP didn't mention the huge amount of taxpayer money that goes into preventing poor people from escaping poverty. I work with homeless people and they are trapped. Certainly, every one of them made decisions that contributed to their situation, but the system is set up to make it impossible for them to get out of poverty. And we are paying for that system with our taxes.
Penny Fan 2 years ago
I read something the other day that said "X didn't MAKE good choices, they HAD good choices" I don't buy this idea that poor people made poor choices. Far too many of them only HAD poor choices. Damned if they do, damned if they don't, between the devil and the deep blue sea kind of choices
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Virgil Blue 2 years ago (edited)
Summed up very simply: Give the poor a dollar and they will spend it on needs. After that the money keeps on working enriching the lives of many. Give the rich a dollar and they add it to their Scrooge Mc Duck style vaults helping no one. Because they are so insanely rich money is just an olde timey high score table to check if they are richer than all of the other insanely rich bastards.
Nikki Sevven 2 years ago
Wealthy people don't spend but a fraction of their wealth. Mainly, they're money hoarders, taking money OUT of the economy, thus stagnating said economy. Give that money to the poor and working class, and you'll have a robust, healthy economy.
Martha Meyer 2 years ago
Or they spend it by literally blowing it up, i.e. shooting a rocket into space with a bunch of tourists in it. That money would have been better spent in the hands of any of the world's space agencies that actually use it for research that will benefit all of us.
Load More Replies... Luther von Wolfen 2 years ago
OP didn't mention the huge amount of taxpayer money that goes into preventing poor people from escaping poverty. I work with homeless people and they are trapped. Certainly, every one of them made decisions that contributed to their situation, but the system is set up to make it impossible for them to get out of poverty. And we are paying for that system with our taxes.
Penny Fan 2 years ago
I read something the other day that said "X didn't MAKE good choices, they HAD good choices" I don't buy this idea that poor people made poor choices. Far too many of them only HAD poor choices. Damned if they do, damned if they don't, between the devil and the deep blue sea kind of choices
Load More Replies... Virgil Blue 2 years ago (edited)
Summed up very simply: Give the poor a dollar and they will spend it on needs. After that the money keeps on working enriching the lives of many. Give the rich a dollar and they add it to their Scrooge Mc Duck style vaults helping no one. Because they are so insanely rich money is just an olde timey high score table to check if they are richer than all of the other insanely rich bastards.
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