The term "drip down economics" essentially means that the rich are given bigger meals in the hopes that the rest of us have a better chance of catching some scraps.
I was watching a Fox news report where the reporter was commenting on the idea that the ultra-rich get taxed at 70%. She cited examples of several people who had donated millions to charity and asked the viewers what we would do if we didn't have these philanthropists to help us. But making a show of doing good while benefiting from unfettered capitalism doesn't make you a some kind of change agent, but a fraud. If you're just blunting the edge of rampant inequality with a fortune you made preying on people who lack healthcare, union or job security, you aren't exactly off the hook for being a capitalist huckster. You're making yourself feel better, and perhaps making it less likely hordes of angry people storm your gated estate. Philanthropy isn't a moral get-out-jail-free card. You can't escape a broader responsibility to humankind with a few perfunctory handouts.
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