In my experience close to 100% of productivity increases accrue exclusively to shareholders.
When my companies have produced more output from the same inputs (or the same output from less inputs in the case of mass layoffs), we return the cash to shareholders by way of a stock buyback or special dividend the following quarter.
Maybe in some companies they instead give workers raises or outsize holiday bonuses, but I’ve never seen this.
What about the output goods produced? if you make 200% more hamburgers, the shareholders arent eating them. If every US company has doubled production, where is all this stuff piling up?
When my companies have produced more output from the same inputs (or the same output from less inputs in the case of mass layoffs), we return the cash to shareholders by way of a stock buyback or special dividend the following quarter.
Maybe in some companies they instead give workers raises or outsize holiday bonuses, but I’ve never seen this.