Paul Kedrosky
Paul Kedrosky
@paul@paulkedrosky.com · Feb 10

There is a provocative regime change underway in market cap per employee among large US companies, an artifact of the ongoing shift from labor to capital in modern economies. I saw this originally in the WSJ, but revised tghe graph and changed to log scale to make it less shocking and more useful.

The Big Money in Today’s Economy Is Going to Capital, Not Labor - WSJ https://www.wsj.com/economy/jobs/capital-labor-wealth-economy-2fcf6c2f?st=JcQuwj