Larry Fink on the lost ‘bedrock of America’ and ‘a big divide’… | HappeningNow.news

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Larry Fink on the lost ‘bedrock of America’ and ‘a big divide’ between wages and investment wealth

Larry Fink remembers a time when a career was something a person kept for life. That time is gone, he said.

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Larry Fink, chairman and CEO of BlackRock, told attendees at Ford’s Accelerate forum in Michigan Central on Wednesday that the traditional notion of a lifelong career has disappeared. He described a stable career as “the bedrock of America,” implying that its erosion marks a loss for the nation’s economic foundation. Fink’s remarks highlighted his view that the shift away from enduring employment represents a significant cultural and financial change.

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