There’s actually nuance here, this is a GDP per capita metric which means not that people are poorer in these states but the people actually produce LESS even for the stakeholders and the shareholders in these states.
So (1) the workers are poorer no fucking surprise there but crucially (2) the companies are poorer and the shareholders are poorer for it as well
Now correlation is not the same as causation for sure, but it certainly seems that their greed is actually counterproductive. That’s the lesson here
Huh. It’s almost like that was the point.
There’s actually nuance here, this is a GDP per capita metric which means not that people are poorer in these states but the people actually produce LESS even for the stakeholders and the shareholders in these states.
So (1) the workers are poorer no fucking surprise there but crucially (2) the companies are poorer and the shareholders are poorer for it as well
Now correlation is not the same as causation for sure, but it certainly seems that their greed is actually counterproductive. That’s the lesson here