> ludicrous financials and outsized margins being published by corp after corp
If you translate those financials into real terms, they're less ludicrous. Sometimes negative. Margin expansion absolutely contributed to inflation [1]. (On par with labor.) But this happened through wage suppression.
> Corporations have clearly achieved deregulation at a greater scale than ever before, both thru devices like regulatory capture to weaken regulatory instruments
What changed between 2021 and 2023 that gave them this power?
There are solid cases made for care investments, to boost labour participation, and a variable corporate tax rate that kicks in when inflation is high. But they have to be based on sane, empirical arguments.
If you translate those financials into real terms, they're less ludicrous. Sometimes negative. Margin expansion absolutely contributed to inflation [1]. (On par with labor.) But this happened through wage suppression.
> Corporations have clearly achieved deregulation at a greater scale than ever before, both thru devices like regulatory capture to weaken regulatory instruments
What changed between 2021 and 2023 that gave them this power?
There are solid cases made for care investments, to boost labour participation, and a variable corporate tax rate that kicks in when inflation is high. But they have to be based on sane, empirical arguments.
[1] https://www.epi.org/blog/corporate-profits-have-contributed-...