Once about Knowledge and knowledge systems, especially knowledge applied to economic development, but since I retired branching into politics, music and whatever catches my attention.
Wednesday, February 26, 2014
Corporate Profits Take More of the GDP in Developed Countries.
Corporate earnings in the USA have increased greatly as a portion of GDP, part of the process of the shift of income and wealth to the most affluent one percent.
On the other hand, corporations seem even more successful in acquiring profits in the G7 countries; that suggests to me that capital is likely to move toward the G7 countries.
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