It is an age-old debate. What spurs economic growth, higher compensation for the workers in an economy, or higher profits for the employers of those workers? When compensation costs rise, and corporate profit margins compress, is this a good thing for an economy? And vice-versa, should corporate profitability be a priority at the expense of personal compensation? These questions are at the heart of many economic policy debates and have significant ramifications, both ethically and financially.
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