Yeah except the workers never get the increase in pay you tool. Both Dems and Republicans in office actively help this happening, progressive Dems are the ones that give a damn
Shareholders are key investors and are the principal drivers of M&A and infrastructure investment.
Disagreeing with the idea that companies exist to drive shareholder returns does not change the actual purpose of shareholders, nor suddenly cause them to be rent-seekers.
You brought an economics argument to a rage thread. OP isn’t making a technical claim when they say “rent seeking behavior”, they’re angry and using it as a synonym for “greedy people”.
Dining out is CRAZY now.
My wife and I were out and about last weekend and needed to eat so we hit a Burger King.
Meals for 2, nothing crazy, was $30… at freaking BURGER KING. We don’t even have a sales tax here.
$21 was the bill for 4 people to eat fast food for lunch in my part of the USA today.
Y’all are paying too much for fast food, it’s not worth that.
Where y’at?
Bumfuck Ohio
Workers wanted an increase in pay, so shareholders needed to offset that by even more. Workers can’t get a raise without shareholders getting a raise.
Inflation is majority driven by profit, not wages. Dems barely attack that angle. Republicans actively work against it.
Yeah except the workers never get the increase in pay you tool. Both Dems and Republicans in office actively help this happening, progressive Dems are the ones that give a damn
Shareholders don’t need to offset shit. They’re just greedy rent seeking bastards.
Shareholders provide economic value (it’s literally in the name) and are not rent-seeking by definition
Pray tell. How?
Shareholders are key investors and are the principal drivers of M&A and infrastructure investment.
Disagreeing with the idea that companies exist to drive shareholder returns does not change the actual purpose of shareholders, nor suddenly cause them to be rent-seekers.
You brought an economics argument to a rage thread. OP isn’t making a technical claim when they say “rent seeking behavior”, they’re angry and using it as a synonym for “greedy people”.
I don’t tilt at these windmills for the people arguing nonsense, but for people scrolling by.