"Lower the taxes of businesses so that they can invest" - That's been the theory behind decades of such experiments in many countries. Worked out great, we all can see how the money keep s"trickling down".
That theory is actually very un-capitalistic: It assumes that only a few people know what is best for the majority. Because it's built into the system (and with a certain perverse logic, not at all irrational of course) that those who've had success are more likely to know how to have more of it.
So the system is actually incredibly anti-risk with money - in an age when "money" surely is not a limiting factor. Not overall - it is because a few have so much they don't find good investment opportunities (when you have billions, only hundreds of millions of opportunity at once make sense to even look at), but for the vast rest of us it is.
So it becomes a tautology: The system is set up to make it far more likely that the successful succeed more, and that is then used as justification for itself, "see, it's too risky to give resources to the inexperienced, data prove it". So we get ever more concentration of control ("money", "power" are indirect terms, "control" is what it comes down to. Th eproblem of the 0.01% isn't their jets, their yachts, their mansions, it is their control of too much of economic life at the expense of most everyone else.): https://www.youtube.com/watch?v=QPKKQnijnsM
That theory is actually very un-capitalistic: It assumes that only a few people know what is best for the majority. Because it's built into the system (and with a certain perverse logic, not at all irrational of course) that those who've had success are more likely to know how to have more of it.
So the system is actually incredibly anti-risk with money - in an age when "money" surely is not a limiting factor. Not overall - it is because a few have so much they don't find good investment opportunities (when you have billions, only hundreds of millions of opportunity at once make sense to even look at), but for the vast rest of us it is.
So it becomes a tautology: The system is set up to make it far more likely that the successful succeed more, and that is then used as justification for itself, "see, it's too risky to give resources to the inexperienced, data prove it". So we get ever more concentration of control ("money", "power" are indirect terms, "control" is what it comes down to. Th eproblem of the 0.01% isn't their jets, their yachts, their mansions, it is their control of too much of economic life at the expense of most everyone else.): https://www.youtube.com/watch?v=QPKKQnijnsM