RE: https://social.librem.one/@znalo/117195623879470260
‘But a key factor in driving up profits has been the general suppression of workers’ wages. While pre-tax profits as a share of national income hit 18%, the highest share since the aftermath of the second world war, employees’ share from wages and benefits fell to 60 per cent, the lowest level since the 1950s’
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@oscarjiminy Yes, class war profits. Also notable is the caveat about the big tech firms investing in each other implying a certain bubblishness.
@znalo the zitron piece he quotes’s very good