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The US had a whole host of laws that made pulling out cash from businesses very expensive, but investing in them very easy. So you had a strong incentive to in
by kesselvon 5y ago
The US had a whole host of laws that made pulling out cash from businesses very expensive, but investing in them very easy.
So you had a strong incentive to increase salaries, hire more workers, invest in more machinery, diversify, etc. simply because getting more cash out of a business wasn't worth it
- spaetzleesser 5y ago"So you had a strong incentive to increase salaries, hire more workers, invest in more machinery, diversify, etc. simply because getting more cash out of a business wasn't worth it" Unfortunately they focused on increasing executive salaries and forgot about the rest.