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It is a 30-year trend. Here's [1] the chart since 2000. [1] https://econographics.files.wordpress.com/2013/03/corporate-profits-and-wages.jpg https://econogra

• laser 8y ago
  Right, but that's the trend of capital becoming more valuable than labor, which is related, but not the same thing as looking at real-wage growth. Workers portion of total production can be going down yet still be gaining an overall increase in real wages and purchasing power if it's made-up for by overall growth. From the perspective of creating a better society, that long term trend of capital increasingly consolidating and rentiering is still dangerous and likely has a breaking point, but so long as real-wages rise for people, it's not as immediately or obviously devastating. Yet, the evidence presented in the article seemed to be pointing to real-wages not increasing, and I'm not sure that's true.