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I see two ways how wages can grow: More wealth is generated (per time) or income is redistributed to the working population. I don't see how any of these follo
by konschubert 11y ago
I see two ways how wages can grow: More wealth is generated (per time) or income is redistributed to the working population.
I don't see how any of these follow from the observations noted in the article.
- joeblow99 11y ago"redistributed" is another word for "stolen by"
- betaby 11y agoYou don't own that non-robotic/robotic factory - only sub-percent of the population does, neither you can tax them properly - tax 'optimization'. Thus redistribution is not happening today and there is not going to happen. Most of today's redistribution is from earners income tax, not from business. And less workers means less people from whom to redistribute.