10-11-2013, 05:42 PM
(This post was last modified: 10-11-2013, 05:48 PM by FireIceTalon.)
(10-11-2013, 02:52 PM)Jester Wrote:(10-11-2013, 01:45 PM)FireIceTalon Wrote: In this country there is the absurd yet popular notion that some how our capitalist lords are the job creators, and that if we tax them too much the unemployment rate will go up so we better be nice to them. Yet, that graph shows increased profits and employment rate have had an inverse relationship.
Except that it doesn't show the employment rate...
-Jester
You are right. When I googled the first chart it gave me labor share and a bunch of other stuff compared to corporate profits for whatever reason. Mind you, I am not an economist so I had to find out what "labor share" meant exactly. However, this one does:
![[Image: fredgraph.png]](http://3.bp.blogspot.com/-SVocwTeQEy8/UDhgVUWbrMI/AAAAAAAACcc/hK_LDz09Wp4/s400/fredgraph.png)
https://www.youtube.com/user/FireIceTalon
"Your very ideas are but the outgrowth of conditions of your bourgeois production and bourgeois property, just as your jurisprudence is but the will of your class, made into law for all, a will whose essential character and direction are determined by the economic conditions of the existence of your class." - Marx (addressing the bourgeois)
"Your very ideas are but the outgrowth of conditions of your bourgeois production and bourgeois property, just as your jurisprudence is but the will of your class, made into law for all, a will whose essential character and direction are determined by the economic conditions of the existence of your class." - Marx (addressing the bourgeois)