Tag: corporateprofits

This interesting video explains that while the world economy has recovered from the 2008 economic collapse, wages are still only growing at the rate of inflation; that is half of what they were growing before the Great Recession.  This is because the 80% of corporate profits are now concentrated in just 10% of companies and mostly those are tech giants.  The so called ‘superstar firms’ like Apple, Facebook and Google are advancing technology and intellectual property at a staggering rate.…