Analysis | Companies' pursuit of high profits is making the rich richer at everyone else’s expense, according to new research

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Analysis: Companies' pursuit of high profits is making the rich richer at everyone else’s expense, according to new research

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 /  🏆 95. in NG
 

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Stop electing right wing parties that only support the billionaire club. Duh.

The challenge is to get people to vote in their interests and not against them. Currently, the wealthy are able to con voters into electing parties that help out their rich buddies. ‘Socialism’ is a dirty word to the uneducated.

I don't know why research was needed for this all you had to do was ask anybody on the street whether or not they have more money in their pockets this year than last year

Called a corporatocracy headed by the wealthy and promoted by bribery accepting corp politicians!

Duh

Why do poor folks need 'new research' for what's lived daily? New Research needs to be done on when the poor is gonna stop being the batteries for the rich. Dis some Matrix shyt! Hello Zion!

Sure. You got it. (Pure ignorance)

Did you miss Reagan’s “trickle down” revolution? Then began changes from Ford raising auto worker wages to buy cars & H.J. Kaiser implementing preventive health care & biz retirement plans to ⬆️ investor💰protection rackets. 👎🏻 on People & planet.

The new Trumps America, that's why the Rich and Big Business got all the Tax Cuts.

Who would have known?

Your ability to state the obvious, and point to research in the process, is astounding..🙄

There goes my dream, I thought that capitalism would lead to everyone becoming a billionaire

There will be consequences.

There is no better time than now to start your own business. Build your own dream! We live in the best country in the world; you can literally do or be anything you want if you put the work in!! Blaming others only keeps you from fulling the promise which is you.

surprise, surprise...

Not hardly a surprise

From the Department of Duh. I could've told ya that. Where's my check?

Isn’t that the whole point of owning or holding shares in a business? But I don’t understand the “at everyone else’s expense”...

Old news. Been like this for decades.

All thanks to unregulated capitalism and greedy bourgeois.

In CRONY CAPITALIZE format that's the motto, but in democratic norm Gov R responsible for homogenous social distribution by common minimum program and tax parity, that's the need of hour with harmony to environment too

Who wrote this bullshit Karl Marx?

Good to know that actual research confirms something everyone with a brain and awareness has known for a generation.

Ya think?

Has it been any different for the past century?

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When companies raise prices, they make the rich richer at everyone else's expense, study findsThe study, forthcoming in the Oxford Review of Economic Policy, finds it's nearly impossible for the typical U.S. family to make up for higher prices via the performance of their stock portfolio. So when prices rise, lower- and middle-class families pay. Wealthy families profit. thank god a new study shows this painfully obvious fact That’s why the government shouldnt have a giant deficit every year so they have to print a bunch of money and raises inflation lol obvi
Source: latimes - 🏆 11. / 82 Read more »