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Emeritus Prof Christopher May /
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2023-10-22 21:16:57

Emeritus Prof Christopher May on Nostr: A new #UNCTAD report suggests that #Covid has resulted in #corporate consolidation & ...

A new #UNCTAD report suggests that #Covid has resulted in #corporate consolidation & a rise in profits... continuing a reduction in the share labour receives of any surplus generated (across the world) from 57% in 2000, to 53% this year - in other words profits are up/wages are down!

The report also indicates that corporate power has increased as oligopolies have become entrenched across a range of sectors.

The Q. is: what will Govts do (if anything) about this concentration of economic power?
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