SHARING IDEAS THAT DO GOOD

The impact of corporations on the economy and households - future impacts

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McKinsey Global Institute's latest report of 38 OECD countries (inc Australia) (link below) looked at the value generated by 8 types of companies and how economic value flows to households and the broader economy, and trends in the last few decades. Globally, the patterns are quite different. Which one(s) do you think have the potential for equality, quality of life and better prosperity? There are some worrying trends for labour markets and if our education 'critical infrastructure' isn't invested in what do you think this means for Australians and globally?


Image credit:

https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/a-new-look-at-how-corporations-impact-the-economy-and-households

What do you think?

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Comments
Lynn Wood @ 2021.07.04 10:12 AM

Interesting article on pathways especially that: 1. Among the key changes over the past 25 years capital income has grown while labor income and supplier payments declined

2. High-income households have benefited the most from the patterns and shifts in the economic impact of corporations over time



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