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Notices
R
Richard (not verified)
5th April 2017 | 1:49pm

The problem is not attitudes, the problem is that the balance of profit distribution has tilted so far toward executives and stockholders. The most destructive practice, in my opinion is stock buybacks—they don't do anything but shift money to stockholders while depleting money for product development and salaries.
The real solution is that stock analysts, hedge funds, and the rest of the financial community need to realize that their relentless focus on raising returns and reducing employee remuneration is killing our society.
They need to adjust their return expectations to what is reasonable—5, 10, 15 percent—and insist that employees are fairly compensated.