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WSJ's profile
The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

New York, NY
wsj.com
Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ 6 Jun 2017

    Japan embodies a global mystery: where are the raises?http://on.wsj.com/2sbYSiT 

    2:53 AM - 6 Jun 2017
    • 36 Retweets
    • 44 Likes
    • more tea Mich 👼 adiore'z anthony iwo Lynn 🍑 Sara Gomez Arancibia Mia Ketchup MC Wilkins Joe Buchel
    6 replies 36 retweets 44 likes
      1. Rick Hickman‏ @WLCSsports 6 Jun 2017
        Replying to @WSJ

        "Bigness" is the problem. Company buyouts create mini-monopolies so workers have fewer options for work causing stagnation.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. A Hateful Mate‏ @AHatefulMate 6 Jun 2017
        Replying to @WSJ

        1) Because there isn't competition. There are only a few companies in each field and thus no actual market.

        1 reply 0 retweets 1 like
      3. A Hateful Mate‏ @AHatefulMate 6 Jun 2017
        Replying to @AHatefulMate @WSJ

        2) Companies don't need to worry about their workers being hired away at a better wage because it's in every employer's best interest...

        1 reply 0 retweets 0 likes
      4. A Hateful Mate‏ @AHatefulMate 6 Jun 2017
        Replying to @AHatefulMate @WSJ

        3) Not to compete. If there were a bunch more smaller companies, you'd see them fight for employees. But it's so easy to collude.

        1 reply 0 retweets 0 likes
      5. A Hateful Mate‏ @AHatefulMate 6 Jun 2017
        Replying to @AHatefulMate @WSJ

        4) They don't even talk to each other, or plan it out. Just look at the other two or four companies in their field, note their wages...

        1 reply 0 retweets 0 likes
      6. A Hateful Mate‏ @AHatefulMate 6 Jun 2017
        Replying to @AHatefulMate @WSJ

        5)... And then match them. Too few companies make it easy for bosses to watch raises. /End

        0 replies 0 retweets 0 likes
      7. End of conversation
      1. Grady Thompson‏ @AmericanMuninn 6 Jun 2017
        Replying to @WSJ

        Shrinking population keeps prices low, the only reason you haven't seen deflation yet is outside trade but it is inevitable sans growth

        0 replies 0 retweets 0 likes
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