David Ruccio — Their beautiful recovery

Summary:
Does anyone really need any additional evidence of the lopsided nature of the current recovery? Employers certainly don’t. They’re managing to hire additional workers, thus lowering the unemployment rate. But they don’t have to pay the workers they hire much more than they were getting before, with wages barely staying ahead of the rate of inflation. As a result, corporate profits continue to grow. Clearly, what we’re seeing remains a one-sided recovery: employers are getting ahead—and their workers are still being left behind.... Capital (ownership) share increasing over labor (workers) share.Occasional Links & CommentaryTheir beautiful recovery David F. Ruccio | Professor of Economics, University of Notre DameSee alsoGraph.Real-World Economics Review BlogRatio between CEOs and

Topics:
Mike Norman considers the following as important: capital share, capital/labor ratio, labor share

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