[mcguire]

My original take on the statement was that corporate revenue wasn't going to either wages or capital investment. The other options are

1. The corporation's treasury, which is not economically useful past a certain point, or

2. Shareholders. In this case, since I don't see much evidence of major dividends, that would mean stock buy backs, which are not a great way of paying shareholders.

Returning money to shareholders is a great idea, if there is nothing better the corporation can do with it. If.

The paper is not making much sense to me, though.