Tag Archives: economist

Ripped-off Britons: Two thirds of corporate profits since the 1980s have come from keeping wages down

Leading economist Gavyn Davies has argued that low wage growth accounts for more than two thirds of corporate profits since the 1980s. As a substantial proportion of these profits have been used to pay dividends to shareholders, executives who are directly paid in restricted shares have directly increased their pay at the expense of their workers.

via Ripped-off Britons: Two thirds of corporate profits since the 1980s have come from keeping wages down.