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Bloody yes! But the bloody contract of society was shifted in 1980 from welfare of society to maximizing financial gains of CEOs and dividends of shareholders.
by lynguist 4y ago
Bloody yes! But the bloody contract of society was shifted in 1980 from welfare of society to maximizing financial gains of CEOs and dividends of shareholders. And the economical performance dropped in result of it! The compounded rate of return dropped!! [1] It’s about time they paid us back.
When air traffic controllers demanded a 32hr week in order to stop burning out, the entire guild of ATCs in America was sacrificed on the altar by President Reagan! [2]
[1]: https://www.cringely.com/2018/02/26/win-lose-wall-street-screwed-middle-class/ https://www.cringely.com/2018/02/26/win-lose-wall-street-scr...
[2]: https://www.npr.org/2021/08/05/1025018833/looking-back-on-when-president-reagan-fired-air-traffic-controllers https://www.npr.org/2021/08/05/1025018833/looking-back-on-wh...