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Sure it does. US consumer demand rises after WWII because of GI bill & repurposing of capital -> competition drives prices down -> Securities & Exchanges Act essentially mandates firms optimize for returns to capital as a fiduciary duty to shareholders -> producers look to countries where standards of living demand lower wages to maintain market positions -> US jobs decline but shareholder value grows -> wealth concentrates in the hands of those who have the opportunity to be a shareholders


You kind of hand-waved 70 years of economic history/decisions. How does “US jobs decline” match with an historically low unemployment rate?




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