That's the title of this article:
https://www.fastcompany.com/90227917/toys-r-us-private-equity-and-stagnant-salaries
It also pretty well sums up the changes I've seen in my career.
To summarize, all the money is going to the investor class, while the workers are getting nothing.
I don't expect a sympathetic audience here. Maybe the smart ones will do something to reverse this trend before something bad happens. Maybe a few will actually feel a pang of regret for being part of this system.
Personally, I've been very fortunate to have worked most of my life before things got this bad, and to have gotten out when I did. My concern is that the current trend will lead to social unrest, which is bad for everyone, including my own modest 401k.
OK, I've got my flame-retardant suit out and I'm ready to face the "greed is good" and "trickle down" arguments.
https://www.fastcompany.com/90227917/toys-r-us-private-equity-and-stagnant-salaries
It also pretty well sums up the changes I've seen in my career.
To summarize, all the money is going to the investor class, while the workers are getting nothing.
I don't expect a sympathetic audience here. Maybe the smart ones will do something to reverse this trend before something bad happens. Maybe a few will actually feel a pang of regret for being part of this system.
Personally, I've been very fortunate to have worked most of my life before things got this bad, and to have gotten out when I did. My concern is that the current trend will lead to social unrest, which is bad for everyone, including my own modest 401k.
OK, I've got my flame-retardant suit out and I'm ready to face the "greed is good" and "trickle down" arguments.