The Big Money In Today's Economy Is Going To Capital Not Labour

https://www.wsj.com/economy/jobs/capital-labor-wealth-economy-2fcf6c2f?st=N53mrv&reflink=desktopwebshare_permalink

59 points · 6 comments · view on lemmy.world

6 Comments

TheDemonBuer@lemmy.world · 15 pts · 191d (1 reply)

You know things are changing when the Wall Street Journal starts sounding Marxist.

deHaga@feddit.uk · 2 pts · 191d

ikr, interesting times

myrmidex@belgae.social · 5 pts · 191d (1 reply)

wow hot new take /s

deHaga@feddit.uk · 3 pts · 191d

It is from the wall street journal..

rf_@lemmy.world · 5 pts · 191d

Get some stocks, be a cynical investor and at least make money. The powers that be are going to keep printing money to inflate the debt away. Lower interest rates might be in the horizon too. All these inflationary forces are unlikely to stop any time soon. Benefit from this by owning assets. Most of us are priced out of property, so stocks of high quality companies are the last place we can go to own an asset that can benefit from all this inflation.

Lastly, and this so much easier said than done, unionize. The article touches on this but the disparate wealth redistribution and inequality of today is traced back to the weakening of unions.

in_my_honest_opinion@piefed.social · 3 pts · 191d

Yes, this is the main tenet of capitalism