'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
'We are essentially in a new Gilded Age’: As workers get laid off, CEOs and shareholders gobble up hundreds of billions in profits
CEOs cite the need to downsize in a rough economy, but it seems corporations are doing better than ever.
Paywall removed https://archive.is/LF76k
IIRC inequality is higher than it was during the Gilded Age, so yeah.
Sounds about right. They recently made a musical version of "The Great Gatsby" which basically threw out all of the darkness and social commentary to instead be like "yay, the gilded age was ever so much fun!" Like we've forgotten what "gilded age" means, and we just treat it as "golden age". I guess that's what those at the top want us to feel.
We've definitely been there.
Kinda makes a body want to go all Milton Waddams