"Nothing contributes so much to the prosperity and happiness of a country as high profits," said David Ri-cardo, a British economist, in the early 19th century. Today, however, corporate profits are booming in economies, such as Germany, which have been stagnating. And virtually everywhere, even as profits surge, workers' real incomes have been flat or even falling. In other words, the old relationship between corporate and national prosperity has broken down.
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