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Labor'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
by harryh 9y ago
Labor'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.