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Higher productivity, but stagnant wages means productivity is increasing, but labor is not capturing the increase of their productivity and is instead being cap
by mifreewil 8y ago
Higher productivity, but stagnant wages means productivity is increasing, but labor is not capturing the increase of their productivity and is instead being captured by shareholders or management.
- cies 8y agoOnly shareholders. Mgmt is just another expense.
- anticensor 8y agoManagement is an expense just on the books. They create most of the value of that business for themselves and shareholders, by themselves.
- cies 8y agoCan you explain? Why/how does mgmt create most value for shareholders? I understand how they create most value for themselves, they earn more than the other employees and are more likely to own stock options.