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News@lemmy.world · 8 hours ago

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

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

return2ozma@lemmy.world to

News@lemmy.world · 8 hours ago

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

Paywall removed https://archive.is/LF76k

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EmpathicVagrant@lemmy.world
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8 hours ago
This is exactly what workers mean when they say the stock market isn’t the economy.
- Pistcow@lemm.ee
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  3 hours ago
  Yeah but their entire retirement is based on it!
  - iheartneopets@lemm.ee
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    3 hours ago
    Such an insidious way of keeping workers complicit in our capitalist hellscape.

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