*SMLR-Net, the source of selected news on labor and employment relations and human resource management *
Title:* *Robots and Robber Barons * *Date: Dec. 9, 2012
*Source: *NY Times Author: Paul Krugman Summary: The American economy is still, by most measures, deeply depressed. But corporate profits are at a record high. How is that possible? It’s simple: profits have surged as a share of national income, while wages and other labor compensationhttp://www.bls.gov/opub/mlr/2011/01/art3full.pdfare down. The pie isn’t growing the way it should — but capital is doing fine by grabbing an ever-larger slice, at labor’s expense. Link: http://nyti.ms/TM7hOt
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