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Asking that question seems to imply that you didn't really see the commenter's reasons for asserting that... "instead of actually investing in things like capi
by kovacs 7y ago
Asking that question seems to imply that you didn't really see the commenter's reasons for asserting that...
"instead of actually investing in things like capital expenditures, R&D, or higher salaries"
Specifically the last one. The pay gap is larger than ever. The efficiency gains over the last 20 years or more are systematically being funneled up the food chain to executives and shareholders. Even in tech there's a ton of wage stagnation compared to the real cost of living over this period.
I think this is the crux of the assertion if I'm not mistaken. It's broken that the share of increased prosperity isn't anywhere near equally distributed. I wouldn't call that throwing money at random shit.