This makes the false assumption that all the money given to the poor go back into high margin goods that the rich profit from? it ignores competition, ignores productivity gains by a lesser impoverished population, ignores the impact on small businesses...
there are all sorts of losses inherent to poverty that shouldn't be discounted, like the inability to save via bulk purchasing, transportation, high cost credit, preventative spending, time losses...
in theory eliminating the poor by literally giving them money could have an impact that makes society better for everyone... it's very reductive to assume there's just one big knob that the rich can turn to get it all back
there are all sorts of losses inherent to poverty that shouldn't be discounted, like the inability to save via bulk purchasing, transportation, high cost credit, preventative spending, time losses...
in theory eliminating the poor by literally giving them money could have an impact that makes society better for everyone... it's very reductive to assume there's just one big knob that the rich can turn to get it all back