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This has nothing to do with the fixed-pie fallacy. Of course both worker's incomes and shareholder gains can both increase by growing the pie. But at any given
by harryh 11y ago
This has nothing to do with the fixed-pie fallacy. Of course both worker's incomes and shareholder gains can both increase by growing the pie. But at any given point in time there absolutely is a "piece" that goes to one and a piece that goes to the other. And it's interesting to look at how the relative sizes of those pieces change over time and what forces can drive those changes.
- djschnei 11y agoWe certainly agree. The voluntary, mutual, cooperation between employer and employee which creates a wage vs. profit interaction IS certainly fascinating. However, it is clear in not only the title of this submission but also the article itself that the fixed pie fallacy is at play.