Rise in corporate market power offers clues to feeble wage growth

Sep 2013
45,521
36,610
On a hill
#1
Workers’ share of income has fallen most in industries controlled by just a few players

Alexandra Scaggs and Colby Smith AUGUST 10, 2018

https://www.ft.com/content/f100a62c-9c05-11e8-9702-5946bae86e6d
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The article explains how market concentration has stiffled wages, enriches a few, and limits innovation. It warns that if the trend doesnt reverse, rising inequality will lead to social unrest.

I dont think trump claims that real wages are on the rise due to his tax cut will satisfy even his supporters, who depend on wages for income, for long. Sooner or later they are bound to notice their pay isnt matching trumpian hype.
 
Likes: 1 person
Jul 2011
35,417
3,065
Tennessee
#2
Workers’ share of income has fallen most in industries controlled by just a few players

Alexandra Scaggs and Colby Smith AUGUST 10, 2018

https://www.ft.com/content/f100a62c-9c05-11e8-9702-5946bae86e6d
________________________________________________________________________

The article explains how market concentration has stiffled wages, enriches a few, and limits innovation. It warns that if the trend doesnt reverse, rising inequality will lead to social unrest.

I dont think trump claims that real wages are on the rise due to his tax cut will satisfy even his supporters, who depend on wages for income, for long. Sooner or later they are bound to notice their pay isnt matching trumpian hype.
http://politicalhotwire.com/current...ady-inflation-taking-chunks-out-us-wages.html
 
Jul 2013
56,881
62,348
Nashville, TN
#3
At least the suffering 1% is doing a tiny bit better now, we can all be thankful for that. We need to practice our daily bowing down....