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> It's paying its workers market wages and returning the rest to investors. The parent comment also isn't telling the entire story. The Fed survey from 2016 i
by adventured 7y ago
> It's paying its workers market wages and returning the rest to investors.
The parent comment also isn't telling the entire story.
The Fed survey from 2016 indicated that about 52% of American families own stocks, directly or as part of a fund (other surveys support that general figure). A very large number of American families own shares in Apple and own part of its $911 billion market cap. The next counter would be to say that it only really benefits the top 25% of families or similar (those with meaningful equity assets), which would be a goalpost shift.