Fifty years of Reaganomics—laissez-faire vulture capitalism and neoliberalism—has resulted in the massive wealth gap we see today between the rich and poor in the USA and in other countries. Trillions in tax revenue have been lost due to deregulation and the dismantling of checks and balances in the system. This shift has handed disproportionate power …
Tag: labor protections
Mar 29 2025
Trickle-down Economics Doesn’t Work
- By Elin Brimheim Heinesen in English, Finance & Industry, Society & Politics
-
March 29, 2025
- 10 mins to read
- accountability, antitrust laws, billionaires, campaign finance reform, corporate power, corporate profits, corporations, corruption, democracy, deregulation, Economic justice, education, equity, fairness, healthcare, income inequality, Inequality, infrastructure, labor exploitation, labor protections, laissez-faire, lobbying, middle class, neoliberalism, New Deal, oligarchs, opportunity, poor, privatization, productivity, progressive taxation, public goods, Public services, Reaganomics, rich, Second Gilded Age, tax cuts, tax havens, tax loopholes, tax revenue, trickle-down economics, unions, Wealth gap, wealth inequality, worker compensation
Permanent link to this article: https://heinesen.info/wp/en/blog/2025/03/29/trickle-down-economics-doesnt-work/
Leita
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