4 ms·
There have absolutely been productivity gains, but those gains haven't been going to the workers. Return on labor has dropped, with the corporations seeing the
by TheAdamAndChe 9y ago
There have absolutely been productivity gains, but those gains haven't been going to the workers. Return on labor has dropped, with the corporations seeing the gains. In the 70's in America, a laborer in a single worker family could afford a house, car, and retirement. Can a laborer in a third world country do the same?
- malandrew 9y agoThe gains on increases in productivity have gone to workers, just not the workers being replaced. The gains are going to the workers implementing the automation that has increased productivity. The gains are also going to the consumers in the form of cheaper goods and services. Why would those not responsible for the productivity gains be entitled to those gains?