I understand the business implications of a higher cost for labor and that the primary intent of the advisory is positive, but yikes, this perspective is so pro-business that it reads like a caricature.
An old friend used to always point out to me that if you want to know what's really happening in the world, read the 'bourgeois' financial press, not the 'news'. Ideologues can and will lie and distort at will in tabloids and on TV news, but if your customers are businesses looking to make money, you have to tell things closer to the truth, that's what they're paying for.
http://politicalgates.blogspot.com/2011/12/citigroup-plutono...
Secret got out and is quite the confirmation of what many suspected. Of course, we rarely get info that good. So, have to read the same publications as the titan's of industry do for their investments to try to reverse engineer it out so to speak.
Analysts being full of shit is a running joke as far as I know
Just compare the current front page of both to see the difference. wsj.com economist.com
It is not socialism that has brought millions of people across the world out of utter poverty in the last 20-30 years.
"Economists with the National Bureau of Economic Research released a working paper in 2009 on global poverty concluding that the world had seen a significant decrease in extreme poverty—defined at the time as living on $1 or less per day—between 1970 and 2006. While even a significant decrease in extreme poverty still leaves much room for additional gains, the decrease in rates of extreme poverty during this period of time is stunning. "
http://www.firstthings.com/web-exclusives/2013/11/whats-behi...
http://www.cesj.org/resources/articles-index/karl-marx-the-a...
http://www.politico.com/story/2016/05/donald-trump-climate-c...
https://en.wikipedia.org/wiki/ExxonMobil_climate_change_cont...