4 ms·
And #1 has been happening for decades, yet wages have stagnated. So the conclusion is workers can't win?
by cmontella 9y ago
And #1 has been happening for decades, yet wages have stagnated. So the conclusion is workers can't win?
- vkou 9y ago1. Many of those productivity gains happen via outsourcing work to countries where wages are much lower. 2. Many consumer goods have become cheaper as a result. The biggest ones, though (Rent, education, healthcare) have not. Incidentally, none of them can benefit from 'productivity gains.' Well, healthcare can, but...