Because it’s a wall of text trying to justify why we’re all struggling, and I think people are just done trying to engage with such “galaxy brained” theories that are completely removed from our lived realities. Especially when people probably have better things to do than some point-counterpoint internet argument.
Not to mention, this “sound theory” is just that: a theory. Frankly, all of economics is entirely made up! That’s not to say it’s not a valuable and important study, but it’s also not based on any natural laws. It’s an entirely human construct and something we don’t fully understand. ANY economic theory can be torn apart in thousands of ways by adjusting the models a bit. In the west we’ve been fed the theories from Margaret Thatcher and Ronald Reagan for longer than most of us have been alive, and it seems like those theories are falling apart around us! I think a lot of people are seeing that when GDP goes up and “the markets” go up, we don’t get anything. But when “the markets” go down, we have to immediately shoulder the burden. We see our hard work being absorbed by investors seeking their ROI. We see our loyalty repaid by mass layoffs so executives and investors can earn even higher profits.
So when someone tries to justify it all using the same theories and models that seem to be causing the problem, I don’t blame people for just down voting and moving on.
We’re tired of being trickled down on and it’s time for a new theory.