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
36
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 the real meaning does the author want to convey in Paragraph 4?
选项
A、Most working people consider the contribution of S 1 000 per person per year too much.
B、You can get $ 1 billion dollars after your retirement if you contribute $ 1 000 each year now.
C、You pay less, but get more.
D、There are so many people who are actively involved in this retirement plan.
答案
C
解析
结合第三段来看,无论你参加的pension fund,mutual fund还是life insurance,你将付出的少,得到的多。
转载请注明原文地址:https://kaotiyun.com/show/nA2O777K
0
考博英语
相关试题推荐
Thekitchenwassmalland______sothatthedisabledwomancouldreacheverythingwithoutdifficulty.
Alloftheinternationaldelegatesattendingtheconference______tobringasouvenirfromtheirowncountries.
Intheearly20thcentury,attheadventofthetelephone,itwasconsideredasuperfluousinstrumentwhichwouldneverbeofpr
IntheUnitedStatesandinmanyothercountriesaroundtheworld,therearefourmainwaysforpeopletobe【1】aboutdevelopment
Weneedonehundredmoresignaturesbeforewetakethe______tothegovernor.
MoreoftenitisthePresident,andnotthemembersofhiscabinet,______thepopulace.
Takingphotographsisstrictly______here,asitmaydamagethepreciouscavepaintings.
Heatexhaustionisaconditioncausedby____tosunlightoranotherheatsourcewhichoftenresultsindehydrationandsaltdeple
Thinkaboutwhatwouldmakeyoureally,reallyhappy.Moremoney?Wrong.Smiling,well-adjustedkids?Wrongagain.Thefactisw
She______hisinvitationtodinnerasshewasonadiet.
随机试题
乙与丙某事发生口角,甲知此事后,找到乙,谎称自己受丙所托带口信给乙,如果乙不拿出2000元给丙,丙将派人来打乙。乙害怕被打,就托甲将2000元带给丙。甲将钱占为己有。对甲的行为应当如何处理?()(2005/2/19)
下列不属于大陷胸汤主治证范围的是
肠阿米巴病所形成的肠溃疡呈
发生在肌肤浅表部位、范围较小的急性化脓性疾病是()
单台不间断电源(IJPS)给计算机系统(总功率∑PNi)供电,其输出功率应大于()。
图示容器A中水面压强p1=9.8×103Pa,容器B中水面压强p2=19.6×103Pa,两水面高差为0.5m,隔板上有一直径d=20mm的孔口。设两容器中的水位恒定,且水面上压强不变,若孔口流量系数μ=0.62,流经孔口的流量为()。
已知某项目现金流量表见表,则该项目静态投资回收期为()年。
国际货运代理应当遵循()的经营方针。
Userstendtobuyacomputerthatconformstothemanufacturer’sadvertisingclaims.
Empiricalevidenceisevidencethatonecansee,hear,touch,taste,orsmell;itisevidencethatissusceptibletoone’ssense
最新回复
(
0
)