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UGent Biblio

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Matches in UGent Biblio for { ?s ?p While unemployment continues to rise, and governements prepare their austerity programs, corporations make billions of proftis. In 2009 Belgian enterprises on the stock market made 14 billion euro of net profit. Among foreign corporations, Goldman-Sachs, Nestlé and Barclays Bank each made over 10 billion euro. Data of the current year are even more optimistic (some 89 figures are given). Nevertheless, the financial press evaluates results by comparison to predictions by analysts; if the prediction was higher, result is called "disappointing". The question is raised what would be the economic impact if the net profit would be redistributed, through taxes, to workers and consumers of the lower wage classes. These sums would be spent immediately, in order to lower debts, or buy long-needed essential goods/services. Small and big business would benefit, and so would employment.. }

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