Corporations get massive pandemic windfall, stiff workers; by Judd Legum

For a number of large corporations, the pandemic has created an unprecedented windfall and record profits, which  would not have materialized without frontline workers, who put their lives at risk to keep companies operating and the economy functioning. In the end, corporations chose to use almost all of that extra cash to reward shareholders and executives, according to a new study by Brookings. Workers, comparatively, received almost nothing.  The Brookings study looked at performance of 22 major corporations, which collectively generated an additional $1.5 trillion in wealth for shareholders between January 2020 and October 2021. That was 57 times more than the additional wages provided to the workers whose labor generated that wealth.