Re:Why Are Corporations Hoarding Trillions?
by Thriptic on Thursday January 21, 2016 @06:52PM
(#10949545)
Is this really feasible in a globalized economy? If wages were constantly forced higher wouldn't companies simply offshore increasing amounts of their labor or headquarter in another country?
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Re:Why Are Corporations Hoarding Trillions?
by maxxxxx on Thursday January 21, 2016 @08:28PM
(#10950087)
I don't know how you could enforce this. But as I wrote before, as long as the elite keeps capturing all gains from productivity for themselves, demand will stay low.
Maybe there are tax schemes that encourage paying higher wages but I don't know.