
Originally Posted by
uls
People just dont realize how much damage that neagtive perception towards the rich has caused.
"mayaman naman yan e... perahan natin"
So instead of investing in expansion, the capitalists now just keep their money in the bank. They just dont think its worth it to do business here anymore.
the harassment they get from govt people (lagay), the harrasment from communists (revolutionary tax, labor unions), the kidnappings and peace & order situation... all those things discourage the capitalists from expanding businesses and creating jobs.
Now, the richies simply ride out the economic crisis. they have enough money to ride it out for years... even decades... in style.
But the poor can hardly make ends meet.
Thats the consequence of the hate-the-rich mentality. The pumpmasters just turn off the pump that pumps capital. When the pump is dry, people eat dirt. Or instant noodles.
Give the capitalists a friendly environment to do business in, and they will open the pump again.