3 ms·
In my mind, big corporates tend to be large corporations of wealth controlled by few people. And shareholders on average are the same. And therefore neither oug
by nicoburns 3y ago
In my mind, big corporates tend to be large corporations of wealth controlled by few people. And shareholders on average are the same. And therefore neither ought to be considered likely to be particularly effective.
- geysersam 3y agoBest would be if the company increased salaries, then their employees could invest themselves in stuff that actually benefit them, boosting the real economy.
- txnf 3y agohigher salaries would be captured by landlords.
- nicoburns 3y agoOnly because there is under-supply of housing at the moment. If we built more houses then landlords wouldn't be able to charge higher rent just because people had more money. To be clear, I think that we need to address both of these issues: general wealth distribution and lack of affordable housing.
- duped 3y agoA majority of the population's landlord is the bank that holds their mortgage, and they don't just raise your mortgage payment because your income increases.
- refurb 3y agoMost big corporations are owned by institutional investors which represent the 401ks and pension plans of your average citizen.