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> I've wondered purely out of curiosity if the decline in wages is related at all to the entry of women into the work force Adding workers adds wealth per capi
by hackuser 9y ago
> I've wondered purely out of curiosity if the decline in wages is related at all to the entry of women into the work force
Adding workers adds wealth per capita; it's not a zero-sum situation. Adding more workers to the economy grows the economy, by more than the salaries of those workers (if they cost more than they produced, they wouldn't be hired). Now all these women are producing value, they increase productivity, and they also can afford to buy things from you.
Consider it this way: Where would you rather open your store, a town where only the men work, or where both the men and the women work?