{"id":29945,"date":"2025-08-01T10:40:58","date_gmt":"2025-08-01T08:40:58","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=29945"},"modified":"2025-08-01T10:40:58","modified_gmt":"2025-08-01T08:40:58","slug":"cash-is-king-industry-lies-in-ruins","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/disindustrialisation\/cash-is-king-industry-lies-in-ruins","title":{"rendered":"Cash is king, industry lies in ruins"},"content":{"rendered":"<p data-start=\"113\" data-end=\"171\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-29946\" src=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg?resize=1170%2C658&#038;ssl=1\" alt=\"\" width=\"1170\" height=\"658\" srcset=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg?w=1900&amp;ssl=1 1900w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg?resize=300%2C169&amp;ssl=1 300w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg?resize=1024%2C576&amp;ssl=1 1024w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg?resize=768%2C432&amp;ssl=1 768w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg?resize=1536%2C864&amp;ssl=1 1536w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg?resize=1140%2C641&amp;ssl=1 1140w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg?resize=1200%2C675&amp;ssl=1 1200w\" sizes=\"(max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<p data-start=\"113\" data-end=\"171\">\n<p data-start=\"113\" data-end=\"171\"><strong data-start=\"113\" data-end=\"171\">Financialization has gutted America&#8217;s industrial base.<\/strong><\/p>\n<p data-start=\"173\" data-end=\"314\">American corporations? They&#8217;ve become cash machines for shareholders, with <em>90 to 95% of profits redistributed to them over the past 30 years<\/em>.<\/p>\n<p data-start=\"316\" data-end=\"376\">All that\u2019s left for resilience and competitiveness? Pennies.<\/p>\n<p data-start=\"316\" data-end=\"376\"><strong>Deindustrialized America \u2014 a dividend paradise<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financialization has gutted America&#8217;s industrial base. American corporations? They&#8217;ve become cash machines for shareholders, with 90 to 95% of profits redistributed to them over the past 30 years. All that\u2019s left for resilience and competitiveness? Pennies. Deindustrialized America \u2014 a dividend paradise<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_crdt_document":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[648942713,648942953,648942711],"tags":[],"class_list":["post-29945","post","type-post","status-publish","format-standard","hentry","category-disindustrialisation","category-financialisation","category-neoliberalism-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cash is king, industry lies in ruins - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/disindustrialisation\/cash-is-king-industry-lies-in-ruins\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cash is king, industry lies in ruins - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"Financialization has gutted America&#8217;s industrial base. American corporations? They&#8217;ve become cash machines for shareholders, with 90 to 95% of profits redistributed to them over the past 30 years. All that\u2019s left for resilience and competitiveness? Pennies. Deindustrialized America \u2014 a dividend paradise\" \/>\n<meta property=\"og:url\" content=\"https:\/\/michelsanti.fr\/en\/disindustrialisation\/cash-is-king-industry-lies-in-ruins\" \/>\n<meta property=\"og:site_name\" content=\"Michel Santi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/michel.santi.economiste\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-01T08:40:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/michelsanti.fr\/wp-content\/uploads\/2025\/08\/taureau-Wall-Street.jpg\" \/>\n<meta name=\"author\" content=\"Michel Santi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:site\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michel Santi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins\"},\"author\":{\"name\":\"Michel Santi\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"headline\":\"Cash is king, industry lies in ruins\",\"datePublished\":\"2025-08-01T08:40:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins\"},\"wordCount\":48,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/taureau-Wall-Street.jpg\",\"articleSection\":[\"disindustrialisation\",\"financialisation\",\"neoliberalism\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins\",\"name\":\"Cash is king, industry lies in ruins - Michel Santi\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/taureau-Wall-Street.jpg\",\"datePublished\":\"2025-08-01T08:40:58+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins#primaryimage\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/taureau-Wall-Street.jpg\",\"contentUrl\":\"https:\\\/\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2025\\\/08\\\/taureau-Wall-Street.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/disindustrialisation\\\/cash-is-king-industry-lies-in-ruins#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/michelsanti.fr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cash is king, industry lies in ruins\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#website\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/\",\"name\":\"Michel Santi\",\"description\":\"\\\"It is not because things are difficult that we do not dare. 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There\u2019s no point in fighting against an inevitable phenomenon because the use of banknotes will more or less have disappeared from our intertwined\u2026","rel":"","context":"In &quot;Cash&quot;","block_context":{"text":"Cash","link":"https:\/\/michelsanti.fr\/en\/category\/cash-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2020\/04\/argent-digital.jpg?fit=1122%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2020\/04\/argent-digital.jpg?fit=1122%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2020\/04\/argent-digital.jpg?fit=1122%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2020\/04\/argent-digital.jpg?fit=1122%2C1200&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2020\/04\/argent-digital.jpg?fit=1122%2C1200&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":20433,"url":"https:\/\/michelsanti.fr\/en\/cash-en\/the-other-major-consequence-of-the-coronavirus","url_meta":{"origin":29945,"position":5},"title":"The other major consequence of the Coronavirus!","author":"Michel Santi","date":"July 28, 2020","format":false,"excerpt":"\u00a0 \u00a0 Covid-19 has caused a run on cash, at least from the moment that the fears started to grip our Western societies. Intuitively, it is however the opposite of what we might have imagined. Weren\u2019t there fears \u2013 albeit justified \u2013 that the illness could be transmitted by certain\u2026","rel":"","context":"In &quot;Cash&quot;","block_context":{"text":"Cash","link":"https:\/\/michelsanti.fr\/en\/category\/cash-en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2020\/07\/Lautre-cons%C3%A9quence-majeure-du-coronavirus-t%C3%A9l%C3%A9phone.jpg?fit=399%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/29945","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/comments?post=29945"}],"version-history":[{"count":2,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/29945\/revisions"}],"predecessor-version":[{"id":29951,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/29945\/revisions\/29951"}],"wp:attachment":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media?parent=29945"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/categories?post=29945"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/tags?post=29945"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}