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Who buys products when 1% of the population has most of the resources? Henry Ford was a capitalist, be he recognized that production required buyers. Buyers nee
by digitaltrees 6y ago
Who buys products when 1% of the population has most of the resources? Henry Ford was a capitalist, be he recognized that production required buyers. Buyers need money. Income inequality concentrates that money.
I am excited to see a new generation of corporate leaders rediscover stakeholder capitalism and reject shareholder primacy. Pay employees more, reduce leadership pay and watch markets expand as a result.