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The Rise of the Labor Share of Corporate Income
The labor share of corporate income has shrunk massively over the last you know 15 20 plus years and now we're starting to see political stuff rise up. I think it's also a function of real incomes being flat for the last 40 years and corporations taking a bigger slice of that. It will be interesting to see if that comes by way of increased competition or by way of you know political increased perhaps regulation, he says.