首页
登录
职称英语
Traditionally, supporters mark Labor Day in the context of labor versus corp
Traditionally, supporters mark Labor Day in the context of labor versus corp
游客
2025-04-24
6
管理
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) [br] 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://tihaiku.com/zcyy/4051294.html
相关试题推荐
SupportersofthebiotechindustryhaveaccusedanAmericanscientistofmis
SupportersofthebiotechindustryhaveaccusedanAmericanscientistofmis
SupportersofthebiotechindustryhaveaccusedanAmericanscientistofmis
Traditionally,supportersmarkLaborDayinthecontextoflaborversuscorp
Traditionally,supportersmarkLaborDayinthecontextoflaborversuscorp
Traditionally,supportersmarkLaborDayinthecontextoflaborversuscorp
Traditionally,supportersmarkLaborDayinthecontextoflaborversuscorp
Governmenthastraditionallybeenevaluatedintermsoftheireffectsinprom
ThehistoryofAfrican—Americansduringthepast4-00yearsistraditionally
ThehistoryofAfrican—Americansduringthepast4-00yearsistraditionally
随机试题
1.网络对传统教育产生了很大的影响,越来越多的人趋向于网络学习2.产生这种现象的原因3.为此,我们自己应当……TheImp
—Whichofthosesilkshirtsdoyoulikemost?—______ofthem.Theyarebothnice
胆囊内见一附壁高回声团,直径约4mm,后无声影,不移动,最恰当的超声诊断是A.腺
造成沥青路面产生车辙的原因是()。A.沥青标号偏低 B.沥青混合料空隙率
固有业务是指信托公司运用信托资金开展的业务。()
有关高危妊娠的描述,正确的是:()A.以往有异常妊娠史或不良分娩史
在大型建设工程项目总进度目标论证时,所编制的总进度纲要主要包括()。A、项目
A.如题干所述 B.如题干所述 C.如题干所述 D.如题干所述
小青龙颗粒属于下列哪种颗粒 A.混悬性颗粒剂 B.水溶性颗粒剂 C.泡腾颗
代谢性酸中毒在没有发展到循环衰竭程度时,首选治疗应该是A.实施病因治疗 B.使
最新回复
(
0
)