Showing posts with label corporate margins. Show all posts
Showing posts with label corporate margins. Show all posts

Sunday, February 26, 2012

Margins, profits and wages


Read it at Think Progress
Corporate Margins And Profits Are Increasing, But Workers’ Wages Aren’t
By Pat Garofalo

Is there a fallacy of composition operative in firms' decision making that is kneecapping effective demand due to lagging worker incomes and falling real wages in contrast to increases corporate earnings, or can owners' consumption offset this? If it can, is this desirable for society, or even politically sustainable?