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A comment on Every company should be owned by its employees. Parent comment
If you want to be dramatic: we had negative real interest rates for a long while.
Nominal interest rates were close to 0% and inflation was positive.
> Shareholders don't appear to be worried about how the company actually runs in the details.
And shareholders who are interested get vilified as activists or short sellers.
> IE, the wages suggest workers don't really matter because they don't.
The labour share of GDP has been mostly stable for the last few decades between 55 to 65%-ish See https://fred.stlouisfed.org/series/LABSHPUSA156NRUG
Profits have also been fairly stable as a share of GDP at around 5-10%-ish: https://fred.stlouisfed.org/series/W273RE1A156NBEA
Just to be clear: going up or down by 5% of GDP is a lot in absolute terms, but not enough to justify hyperbole about "workers don't matter".
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If you want to be dramatic: we had negative real interest rates for a long while.
Nominal interest rates were close to 0% and inflation was positive.
> Shareholders don't appear to be worried about how the company actually runs in the details.
And shareholders who are interested get vilified as activists or short sellers.
> IE, the wages suggest workers don't really matter because they don't.
The labour share of GDP has been mostly stable for the last few decades between 55 to 65%-ish See https://fred.stlouisfed.org/series/LABSHPUSA156NRUG
Profits have also been fairly stable as a share of GDP at around 5-10%-ish: https://fred.stlouisfed.org/series/W273RE1A156NBEA
Just to be clear: going up or down by 5% of GDP is a lot in absolute terms, but not enough to justify hyperbole about "workers don't matter".