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Bottom Up Politics

Stop Waiting for the Crumbs

Cartoon of bottom up politics

For over forty years, we have been sold a comforting economic fairytale. We were told that if we just fed the beast at the top—if we slashed taxes for corporations, deregulated the City, and pampered the super-rich—the wealth would eventually overflow. We were promised that the prosperity of the few would inevitably "trickle down" to become the prosperity of the many.

It was a lie. And in 2026, looking at the wreckage of our public services and the stagnation of our wages, we know the truth: wealth does not trickle down. It surges up, and it stays there.

"Trickle-down economics" was never a serious economic theory; it was a con. The evidence is now overwhelming. A landmark study by the London School of Economics analysed 50 years of tax cuts for the wealthy across 18 major economies. Their conclusion? These policies did absolutely nothing to boost economic growth or reduce unemployment. All they did was deepen inequality, allowing the top 1% to hoard vast fortunes while the rest of us fought over a shrinking slice of the pie.

The result is the society we see today: food banks normalizing into permanent institutions, a housing market that serves landlords rather than families, and an NHS held together by the goodwill of underpaid staff.

It is time to flip the script. It is time for Bottom Up Politics.

This isn't just a moral argument—though the morality of feeding children before buying yachts shouldn't be controversial—it is a matter of hard economic logic.

When you give a tax cut to a billionaire, that money disappears. It goes into an offshore account, a stock buyback, or a luxury asset. It is removed from the real economy. But when you put money into the pockets of those at the bottom—through fair wages, decent benefits, and funded public services—that money is spent. It goes into local shops, it pays bills, it buys shoes for school. It circulates. This is the "velocity of money," and it is the true engine of a healthy economy.

"Bottom Up Politics" means investing in the foundations of a good life. It means a real living wage that respects the dignity of labour. It means viewing housing, transport, and energy not as assets for speculation, but as essential public goods guaranteed to all. It means understanding that a healthy, educated, and secure workforce is the greatest economic asset a nation can possess.

We have spent decades waiting for the banquet at the top table to finish, hoping for a few scraps to fall our way. But the scraps never came. The rich have simply bought bigger tables.

We cannot afford to wait any longer. We must stop catering to the whims of the few and start building an economy that works for the many. Real prosperity doesn't fall from the sky; it is built from the ground up.

 

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