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“When people scratch their heads and wonder how it can be that the stock market is booming and executive compensation is at an all-time high but the overall economy is less dynamic and workers are not benefiting, look no further than the trillions of dollars in stock buybacks.”
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
“At work, either you will be telling a machine what to do or a machine will be telling you what to do.”
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
“At the end of the Cold War, workers received an estimated eleven cents of every dollar they earned for their employer. Thirty years later, they made less than six cents on the dollar. In effect, the personal returns employees received for their labor were cut in half.”
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
“A system that is amoral and imbecilic enough to compel selling Amazon’s stock because it invested in protecting its workers during a pandemic is not one that we should trust to steward the overall health and well-being of our economy.”
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
“The companies on the original Fortune 500 list earned a combined $8.3 billion in profit in 1955 (approximately $79 billion in 2019 dollars). In 2019, the Fortune 500 came out $1.2 trillion in the black. But instead of raising wages for workers or lowering prices for consumers, modern companies direct more of their gains to shareholders.”
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
― The Raging 2020s: Companies, Countries, People—and the Fight for Our Future
“A dozen years ago, the size of the cybersecurity market was just $3.5 billion. Research reports valued the global cybersecurity market at $64 billion in 2011 and $78 billion in 2015; they project it to be at $120 billion by 2017. ...I expect the total market size of the cybersecurity to increase even faster, reaching $175 billion by the end of 2017.”
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