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> "only because productivity creates wealth" Does it? For whom does productivity create wealth for? Productivity is about getting set results based on the sma
by ZenoArrow 11y ago
> "only because productivity creates wealth"
Does it? For whom does productivity create wealth for?
Productivity is about getting set results based on the smallest set of resources (time, money, materials, etc...). It does not include anything about wealth, nor where that wealth is distributed to, or whether resources could have generated more wealth used in a different way. It's actually possible for increased productivity to decrease wealth.
- bmmayer1 11y agoProductivity is the creation of goods and services. Goods and services are the building blocks of wealth: one who has more goods and services is more wealthy. It is impossible to create more wealth without increased productivity. Now, to your point, the fruits of productivity could be unfairly captured by non-producers, in which case wealth is being misappropriated from those who created it to those who have the power through whatever form to capture it (i.e., taxes, feudal land ownership, etc).