Tag: Bloomberg

The Bloomberg Pitch

February 17, 2020

Thomas Friedman is a very slick writer who always promotes the interests of the political economy of the corporate elite while genuflecting to liberal causes. He has done it again in his latest opinion piece in the New York Times. That’s why Friedman is so popular among Times readers, so many of whom are of … More The Bloomberg Pitch

Questioning Capitalism: Goldman Sachs on Corporate Profit Margins

February 8, 2016

Bloomberg News reported on February 3, 2016, that a new report from Goldman Sachs Group Inc. analysts wonders whether currently very high corporate profit margins can be sustained. They are at near record levels, despite a stagnant real economy characterized by record low wages and listless job growth and declining opportunity structures. Well, according to … More Questioning Capitalism: Goldman Sachs on Corporate Profit Margins