The argument that "capitalism has benefited more people" requires the caveat that it requires control on how wealth aggregates as without control wealth aggregates at the top. No civilization that had no control on wealth had a middle class to speak of because it doesn't trickle down. It was our income tax with high upper marginal rates …
The argument that "capitalism has benefited more people" requires the caveat that it requires control on how wealth aggregates as without control wealth aggregates at the top. No civilization that had no control on wealth had a middle class to speak of because it doesn't trickle down. It was our income tax with high upper marginal rates that created our inclusive and extensive middle class that GOP reductions in those rates have been eroding and increasing the gap between the top and the middle and lower classes.
The argument that "capitalism has benefited more people" requires the caveat that it requires control on how wealth aggregates as without control wealth aggregates at the top. No civilization that had no control on wealth had a middle class to speak of because it doesn't trickle down. It was our income tax with high upper marginal rates that created our inclusive and extensive middle class that GOP reductions in those rates have been eroding and increasing the gap between the top and the middle and lower classes.