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Saturday, December 05, 2020

In the current oeconomic climate...

Two thousand, three hundred and fifty years ago, trickle-down economics [sorta] was deemed bad and a progressive tax was imposed in Athens.   

"I saw, men of Athens, that your navy was decaying, and that, while the rich were getting off with small payments, citizens of moderate or small fortunes were losing their substance, and the state, by reason thereof, missing her opportunity of action. I therefore proposed a law, by which I compelled the one class (the rich) to perform their duty, and stopped the oppression of the poor; and --what was most useful to the country-- I caused her preparations to be made on time.

[On being offered bribes by the rich class to drop the law] "And no wonder they did so; for under the former laws they might divide the charge by sixteen, spending little or nothing themselves, and grinding down the needy citizens; whereas under my law everyone had to pay a sum proportioned to his means ..."  Demosthenes: On The Crown (330 BC).

 

Reagan, Thatcher and that lot: don't listen to them!!

And as for that Macedonian upstart, Philip, and his pisqueak son Alex... Don't listen to them either, listen to 

E@L




1 comment:

savannah said...

Who knew? xoxo

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