Are greedy corporations causing inflation?

[Lionfish]

To believe that corporations are making out like bandits is to believe they are winning the fundamental battle in economics. Output must flow either to owners of capital—in the form of profits, dividends and rents—or to labour, as pay and perks. Economists refer to this as the “capital” or “labour” share of gdp. When one group wins, by definition the other must lose.

For the moment, the evidence suggests an even match-up. We have estimated the labour share across the oecd, a group of mostly rich countries. Labour has had the upper hand for most of the past three years, though more recently its share has fallen (see chart 1). In 2020 firms continued to pay people’s wages—helped by stimulus programmes—even as gdp dropped. In 2021 and 2022 strong demand for labour allowed many existing workers to demand more pay. It also pulled new people into the workforce. Across the oecd the share of working-age folk in a job is at an all-time high of 70%.

https://www.economist.com/finance-and-economics/2023/04/30/are-greedy-corporations-causing-inflation

I always enjoy OP's when idiots like you and the Subway sandwich boy spit out a series of obvious troll titles just to call attention to yourself but putting your own ignorance on display is an off way of showing off.

 

[Stringfellow Hawk]

no Biden and the democrats created just like Jimmy Carter did

 

[T. A. Gardner]

In fact, huge profits are a part of the problem. It is also growing exec salaries. The wealth of the nation moves into a smaller and smaller sector of the American population.
When covid slowed down, some corporations said they were pleased that the public would accept much higher prices. They wanted to jack them up for years.

So, in your alternate reality if corporations didn't make profits and CEO's and the like were paid like factory workers, there wouldn't be inflation... Yea, sure...

 

[Lionfish]

So, which of these is going on right now the most?

Summed up in one word,
Brandon

 

[Monad Portal]

In fact, huge profits are a part of the problem. It is also growing exec salaries. The wealth of the nation moves into a smaller and smaller sector of the American population.
When covid slowed down, some corporations said they were pleased that the public would accept much higher prices. They wanted to jack them up for years.

the fascist elitists eugenicists want to cure inflation with "demand destruction", as they call it.

austerity it's also known as.

 

[Geeko Sportivo]

Little lizards don't eat mayonnaise. Your boycott worked.

Real lizards choose mustard yanno?

 

[ExpressLane]

you are a dumb motherfucker

Just your mother.

 

[ExpressLane]

What does that have to do with anything? Nothing!

Next!

You could steal mayo and mustard packets at restaurants like the rest of the Democrats do.

 

[Geeko Sportivo]

You could steal mayo and mustard packets at restaurants like the rest of the Democrats do.

Really?

See where your ostentatious publicly expressed hatred of others leads you and your political party fool!

But do keep motivating us to defeat you at the polls!

And Thank YOU for all your personal hateful contributions! Man do they help!