4 ms·
Some time ago making businesses rich could have mean making also the people richer, trickling down might have been happening to some extent. Nowadays though wit
by soco 3y ago
Some time ago making businesses rich could have mean making also the people richer, trickling down might have been happening to some extent. Nowadays though with Bahamas and all the fancy financial tricks, those two things have been definitely decoupled.
- FirmwareBurner 3y agoIt stops trickling down when all the wealth and productivity gains of workers end up in the pockets of shareholders instead of workers. And since German companies don't usually reward all their workers with stocks/RSUs, the purchasing power of the average German has been on the decline for the past 30 years.