Two weeks ago we looked at how it is mathematically impossible to spend the same money on superfluities (i.e. unnecessary stuff) and aid to the poor, and from that we concluded that statements like “You need to be rich in order to give money to the poor” or “It’s good to give money to the poor, but there’s nothing wrong with being rich” either cannot refer to the possession or consumption of superfluities, or they are simply self-contradictory.
In this blog post I want to address another argument rich people use when defending their wealth, namely that all consumption is good for the economy and in the end also beneficial for the poor; there is really no need to point out consumption of superfluities as something bad, since the money one pays eventually trickles down to the poor.