3 ms·
> Time and time again we see the mega corporations and the mega rich in America make life for the common person worse, while their fortunes continue to rise. T
by gridlockd 7y ago
> Time and time again we see the mega corporations and the mega rich in America make life for the common person worse, while their fortunes continue to rise.
Their fortunes don't actually continue to rise. They keep making the same ~5% profit on average. That's what keeps them in business.
Stock prices may have risen in the past, but that's due to macroeconomic factors such as low interest rates. They can fall just as easily and rapidly if the wind changes.
> How bad does it have to get before something changes?
It's actually not bad at all - Amazon, Wal-Mart and McDonalds are some of the few major companies employing significant amounts of people at the bottom end of employability, at better rates than what smaller businesses can offer.