https://noted.jsrowe.com/tags/wealth/Recent content in Wealth on Duly NotedHugoen-usSun, 15 Feb 2026 19:49:45 +0000https://noted.jsrowe.com/1980s-strikes-again/Sun, 15 Feb 2026 19:49:45 +0000https://noted.jsrowe.com/1980s-strikes-again/<blockquote> <p>The shift to capital from labor has actually been under way for more than 40 years. Labor received 58% of the total proceeds of economic output, as measured by gross domestic income (conceptually similar to GDP), in 1980. By the third quarter of last year that had plummeted to 51.4%. Profits’ share, meanwhile, rose from 7% to 11.7%.</p></blockquote> <hr> <p>_{Quote Citation: <cite>Greg Ip, &ldquo;The Big Money in Today’s Economy Is Going to Capital, Not Labor - WSJ&rdquo;, Feb. 9, 2026 at 7:06 pm ET, <a href="https://www.wsj.com/economy/jobs/capital-labor-wealth-economy-2fcf6c2f"><a href="https://www.wsj.com/economy/jobs/capital-labor-wealth-economy-2fcf6c2f">https://www.wsj.com/economy/jobs/capital-labor-wealth-economy-2fcf6c2f</a></a></cite>}</p>