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SHAREHOLDERS DIVIDENDS AND ITS EFFECTS ON SOCIETAL HEALTH

Business schools and economists relentlessly teach and preach that a company's only responsibility is to maximize the wealth of shareholders - an essential framework of capitalism. This is with a hope that when shareholders make money, they normally put it back into the economy as investments, fueling the employment. 

The problem is, in 1960s, the shareholders took only 30% of Corporate profits (about 1.7% of GDP) but in 2010, the shareholders are taking 50% of corporate profits (over 4.7% of GDP) This change from 1.7 to 4.7% translates into $600 billion a year. This is staggering number. This amounts to have every working adult receive $3500 a year bonus. Three years of this amount can pay off ALL STUDENT LOAN in this country. Or this could cover every american  HEALTH CARE COSTS.

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