The financial sector represents only 7% of the U.S. economy but takes around 25% of all corporate profit while creating only 4% of all jobs.
On Reality Asserts Itself, Ms. Foroohar says financialization delivers stagnant wages, inequality and economic crisis; the Financial Times columnist and author of “Makers and Takers” says the financial sector represents only 7 percent of the U.S. economy, but takes around …