– 9 de agosto, 2021
A key issue in increasing profits through salaries is the creation of jobs. But productive investment or job creation are not required to raise rent generated by debt, dividends, real estate speculation and the like. This breaks down the essence of what we knew as capitalism, where profits came from production, wages were raised to provide demand, and taxes paid for infrastructure, social policies, and overall governance. It changes the nature of capital accumulation, which is the essence of capitalism. Can the fact that BlackRock manages assets worth 8.7 trillion dollars, five times the GDP of Brazil, be overlooked?