Excerpt
Excerpt
Capitalism for the Rest of Us. Richard Freeman, July 17, 2015, Opinion. “In her most detailed economic policy address so far, Hillary Rodham Clinton said Monday that she wanted “to give workers the chance to share in the profits they help produce” through a two-year tax credit that would encourage profit-sharing. As social scientists who have studied the issue for years, we were glad to see it get attention. The stagnation of earnings for most Americans, despite rising productivity, and the shrinkage of the middle class, because of soaring inequality, are without precedent in our economic history. Capital’s share of national income has risen…” Link