> Over the last four decades, the financial sector of the U.S. economy saw its share of corporate profits increase from about 10% to nearly 40% before the 2008 financial crisis, and nearly 30% in 2018. During this period, the capital that corporations returned to their shareholders tripled, while business investment decreased by 20%.
> The report argues that since the 1970s, changes made by American businesses and policymakers began prioritizing high returns to investors in the short term, rather than investment in long-term capabilities.
You can completely believe in big c "Capitalism" and also believe that we are doing it badly. And I think blame going on everyone, the MBA class and lawmakers alike, is pretty fair.