43 ms·
Do you have any examples of these jobs that are now more vs less productive? I'd say the average Starbucks / fast food worker are significantly more productive
by and0 9y ago
Do you have any examples of these jobs that are now more vs less productive? I'd say the average Starbucks / fast food worker are significantly more productive while making less comparatively.
Labor's share of income vs capital's has not remained constant. Not even close.
- harryh 9y agoLabor's share of income vs capital's has not remained constant. Not even close. Sure it has: https://taxfoundation.org/walkthrough-gross-domestic-income https://taxfoundation.org/walkthrough-gross-domestic-income
- and0 9y agoNo, it hasn't. Tax foundation is a conservative think tank, they're not a trustworthy source for this info. https://fred.stlouisfed.org/series/W270RE1A156NBEA https://fred.stlouisfed.org/series/W270RE1A156NBEA Every time I engage with a libertarian (always a pointless endeavor) I feel like I have to take a shower after. Just.. ugh.
- harryh 9y agoThe graph in your link is reproduced almost exactly in the link I shared (as chart 1). It doesn't take into account non wage income and a few other things.