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Explore the hidden legal shift that broke the American dream. For decades, productivity and wages moved together, ensuring that hard work resulted in higher pay. In 1970, the shareholder primacy doctrine legally decoupled these two forces, transforming workers from assets into costs to be minimized. This investigative look reveals how Milton Friedman’s theory redirected trillions of dollars from your paycheck into stock buybacks and executive bonuses. The system is working exactly as designed, prioritizing ticker symbols over the people who create the actual value. Understand the legal mechanism that keeps your wages flat while corporate profits soar to record heights. It is time to see the invisible rules of the game.

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00:00Between 1948 and 1979,
00:03your hourly pay moved in perfect lockstep
00:06with your total economic output.
00:09That connection shattered in 1970,
00:12when a legal theory redefined
00:14the entire American corporate profit structure.
00:17Economist Milton Friedman argued
00:20that a company's only social responsibility
00:22is to maximize its investor profits.
00:26This doctrine legally transformed workers
00:29from essential partners
00:30into expensive liabilities
00:32on the corporate balance sheet.
00:35While your collective productivity climbed 60%,
00:38your real hourly pay grew only 17-meter percent.
00:43The massive surplus value you created
00:46was redirected into stock buybacks
00:48and huge executive bonus packages.
00:52Corporations began firing thousands of loyal employees
00:55just to trigger a temporary spike in stock prices.
00:59Efficiency gains no longer by you leisure time
01:02or a higher standard of living in today's economy.
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