Especially if you purposefully ignore the middleground (1930-1980) when shareholders existed but labor also held significant power. Lots of people remember this

Especially if you purposefully ignore the middleground (1930-1980) when shareholders existed but labor also held significant power. Lots of people remember this, it was the post-War boom we continually hear people longing for. I believe the comment was about the idea of enhancing shareholder value which has been the dominant philosophy since about 1980. Notably, wages have stagnated since 1980 [1]. [1] https://commons.wikimedia.org/wiki/File:Real_GDP,_Real_Wages_and_Trade_Policies_in_the_U.S._(1947%E2%80%93_2014).png https://commons.wikimedia.org/wiki/File:Real_GDP,_Real_Wages...