jack_christie
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World’s biggest hedge fund sounds the alarm on capitalism’s dangerous and unsustainable path
The biggest driving factor behind soaring profits, Bridgewater reports, is the decline in the share of profit that workers receive.
The decline in unionization among US workers, and to a lesser extent the advance of technology and outsourcing of jobs, are driving worker wages down.
https://www.rawstory.com/2019/04/wo...arm-capitalisms-dangerous-unsustainable-path/
https://www.businessinsider.com/bri...g-labor-wages-increased-profit-margins-2019-4
https://www.bridgewater.com/researc...ons/peak-profit-margins-a-global-perspective/