• Rentlar@lemmy.ca
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    1 year ago

    An economist can tell me how productive stock buybacks and CEO and executive salary raises are because they too are at record levels post-pandemic.

    • Rocket@lemmy.ca
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      1 year ago

      how productive stock buybacks […] are

      Depends on what the average Joe who was previously holding the stock does with the money they receive in that buyback. If they invest it in productive activity, then it can boost productivity. If they use it to buy a house, well…

    • sbv
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      1 year ago

      You’re right, but our productivity has been low for decades.

      • Sir_Osis_of_Liver@kbin.social
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        1 year ago

        Canadian businesses invested 55 cents per worker for every dollar invested per worker in the United States in 2021, down from 79 cents in 2014, according to a June report by the Fraser Institute think-tank.

        • twopi@lemmy.ca
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          1 year ago

          I need something more reputable than Fraser Think Tank honestly. But I do agree Canada has lower Capital intensity than the USA.