[I]n the United States over the past several years, firms have been profitable, but their success increasingly translates into income for shareholders and top management, not for employees. This was far less true 50 years ago. Dividend payments and stock-price increases are skewed to increase, not decrease, inequality. It is, therefore, entirely understandable that middle-class families feel that something is amiss when companies are profitable but wages are stagnant.
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