The Beginning of #ExtremeGreed

1973 marked the beginning of ‪#‎ExtremeGreed‬, when businesses stopped sharing productivity gains with workers, and started hoarding almost all of the new wealth.

You can see it very clearly in the graph: up until 1973, when productivity increased then people were paid more.

Starting in 1973, employees continued to generate increases in productivity, but businesses decided to keep the extra profit.

If the top 0.1% weren’t so greedy, people would be earning 40 to 80% more today, and many of our world’s problems would not exist – including rising education costs, failing bridges and infrastructure, and labor unrest.

#ExtremeGreed is real and a purposeful choice of those controlling wages.

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