deindustrialization and the financialization of the US economy

With deindustrialization and the financialization of the US economy, it means corporations makes greater profits. Does it also mean that the wealthiest persons in small devastated communities across America also benefit financially by allowing jobs to leave their communities? Would you please try to explain how, if it's the case, loss of jobs benefits local wealth holders.


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  • Nicholas Santoro
    published this page in Ask Prof. Wolff 2017-06-02 15:38:18 -0400

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