Transport capital

There is a lot to chew on here, but this sentence really struck me:

“As for finance, there’s been no tendency for its executives’ pay to outpace that of nonfinancial executives. On the contrary: even during the bubble years of the 2000s, top 0.1% finance executives in public companies saw their pay rise by 52%, while nonfinancial executives’ rose 58%. The industries with the biggest pay hikes were not banks, but transport, restaurants, and wholesale trade.”

This entry was posted in capital accumulation, finance and insurance, logistics, political economy, transport. Bookmark the permalink.

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