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Joined 9 months ago
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Cake day: October 9th, 2023

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  • I think it’s disingenuous to keep pushing this idea that corporations cannot survive without ever increasing income.

    What would happen if your employer said you would never again get a raise? Most people would probably start looking for another job. At a minimum, they expect their long-term income to keep with inflation.

    But if employee salaries are expected to grow over time, then so are the company revenues that pay those salaries. A company whose revenues stop growing is like an employee whose salary stops growing. They will not last long at whatever they are doing.