首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
Traditionally, supporters mark Labor Day in the context of labor versus corporations, as working people versus big business. But
Traditionally, supporters mark Labor Day in the context of labor versus corporations, as working people versus big business. But
admin
2013-01-20
37
问题
Traditionally, supporters mark Labor Day in the context of labor versus corporations, as working people versus big business. But, now that labor has become so involved in business ownership through contributions to pension funds and mutual funds, is it time to think again, to celebrate something new?
Over roughly the past half century, working people have bought up a huge chunk of big business. And union-sponsored pension plans rank among the biggest institutional investors. Working people, both union and non-union, now own a piece—and often a big piece—of just about everything in business, from multinational corporations to mini-malls down the street.
If you’re a working person who contributes to a pension fund, mutual fund, or life insurance policy with a savings component, you’re one of the new owners of big business (and many small businesses), too.
That may come as a surprise, since most working people contribute only modest amounts to their retirement plans. But they more than make up for that in the number of active contributors. If you’re still not sure, try this on your calculator: Multiply a contribution of $ 1 000 per person per year by one million working people. Answer: $ 1 billion dollars per year. Now note the existence of literally hundreds of millions of working people here and in other countries. And they’re contributing new money every year.
This shift of business ownership from rich people to working people may be the greatest economic transformation since the Industrial Revolution. Management guru Peter Drucker has called it "The Pension Fund Revolution;" however, now that mutual funds and insurance companies have also become major investors on behalf of working people, I prefer to call it the "Ownership Revolution. "
So what does all this mean? Well, for starters, it should lead to an end of complaints about the profits of corporations and allegations about ’"greedy corporations. " After all, much of that profit now goes toward the current and future retirement incomes of working people.
What’s more complicated, though, is the relationship between working people who own a big company and other working people employed by that same company. How to share corporate profits—through continuing employment and higher wages, or through higher returns to shareholders—remains a difficult issue, especially for those working people who lose their jobs. (385 words)
What is NOT the significance of the shift of business ownership?
选项
A、People can have income even they don’t go to work.
B、The employee won’t blame the boss for his unfair allocation of profits.
C、Workers won’t complain about "greedy corporations. "
D、Retired workers can still receive money if they have contributed retirement plans before.
答案
A
解析
B、C和D项的内容在第六段都能找到,故选A。
转载请注明原文地址:https://kaotiyun.com/show/9A2O777K
0
考博英语
相关试题推荐
Ifounditdifficultto______mycareerambitionswiththeneedtobringupmychildren.
You______Jimanythingaboutit.Itwasnoneofhisbusiness.
Manyinstructorsbelievethataninformal,relaxedclassroomenvironmentis【1】tolearningandinnovation.Itisnotuncommon
Thebraindrainofexpertsawayfromdevelopingcountrieswillgreatlyinfluencethesecountries’developmentof______industry.
AnOhioStateUniversitystudyhaslinkedbehaviorinyoungchildren【1】thetypeofjobtheirmotherhas.Motherswithcomplexoc
Hisattentionoften______atlectures,Nowonderhefailedtheexam.
Therearesomanybadthingsaboutwomendrivers,Idon’tknowwheretostart.IguessIwillgettheballrollingbytalkingab
TheEuropeanCommissionissueda_____decisiononOct.29permittinganalliancebetweenUnitedAirlines,DeutscheLufthansaandS
Writealetterofinvitationofabout100wordstoyourclosefriendTom,askinghimtocomeandstayforaweekendwithyourfa
Youwere______byyourabsenceyesterday.
随机试题
与角膜营养有关的有()
当场地内有地下水时,应根据场地及周边区域的工程地质条件、水文地质条件、周边环境情况和支护结构与基础形式等因素,确定地下水控制方法。地下水的控制方法主要有()。
企业获得的捐赠利得应该记入营业外收入中,影响利润总额。()
()是股票发行人就其发行的股票的承销事宜与股票承销商签订的具有法律效率的文件。
没有查出病就是健康,实质是忽视了人的()
所谓()是指行政主体为实现行政职能而在行政管理活动中采取强力方式的行政行为。
小麦:麦穗:麦粒
媒介素养(中国人民大学,2008年;中国传媒大学,2011年MJC真题)
NationalAviationandSpaceAdministration(NASA)anditspartnersintheInternationalSpaceStationhaveagreedinprincipleto
HowmanykindsofdoctorsarethereintheUS?______.
最新回复
(
0
)