Jure Repinc@lemmy.ml to

Economics@lemmy.mlEnglish · 3 days ago

‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

3

71

‘We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

Jure Repinc@lemmy.ml to

Economics@lemmy.mlEnglish · 3 days ago

3

'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits

CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.

Chat

davel [he/him]@lemmy.ml
link
fedilink
English
arrow-up
2·
3 days ago

With underlying facism and massive wealth inequality

Those are not unrelated.