Economic Greed Is Destroying Our Lives

Economic Greed Is Destroying Our Lives

7 mins 2 weeks

If you were asked who sits atop the business/economic pyramid, who would you nominate? If you answered shareholders you would be correct. These investors are the owners of companies and businesses. CEOs and boards do everything in their power to increase the value of their companies. Often enriching themselves in the process, of course, via stock buybacks and such like. Consumers and company employees sit well down on the hierarchical ladder of importance these days. Keeping prices high and wages low are part and parcel of increasing the value of company stock. This economic greed is destroying our lives, as it is completely out of balance.

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