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Post by kitkat on Dec 28, 2012 12:07:55 GMT -5
 Compensation of mgmt being tied to margins, this chart makes my old, tired contention (capital greed underlies _everything_ wrong in our developing economic situation) very well. If this is the "new normal" we are all certainly and completely screwed. |
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Post by baldrick on Dec 28, 2012 13:22:39 GMT -5
It's interesting that the massive capital market crash and depression reversed the gap in the 30's, but the 2008 crash has had pretty much the opposite effect of just widening the gap further.
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Post by will on Dec 29, 2012 18:07:52 GMT -5
It is only going to get worse as capital intensive machines take over work from labor intensive people.
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Post by baldrick on Dec 29, 2012 20:20:05 GMT -5
Sad to say, for many industries that's absolutely true.
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Post by keystonejenks on Dec 31, 2012 8:25:35 GMT -5
This makes me weep. What does the future hold for my children.
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Post by kitkat on Dec 31, 2012 11:59:37 GMT -5
Something different from what your father's future held for his.
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Post by keystonejenks on Jan 3, 2013 13:00:12 GMT -5
Something different from what your father's future held for his. True but I don't think he saw mine being trashed like this. |
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