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If this truly is a problem it will most certainly only be a matter of time before a college degree isn't enough either. The solution is to distribute the gains
by oblib 8y ago
If this truly is a problem it will most certainly only be a matter of time before a college degree isn't enough either.
The solution is to distribute the gains in productivity in a more equitable way to benefit society as a whole.
If we can't the hordes will build guillotines.
- MrTonyD 8y agoPaul Krugman made a very interesting observation about those "better salaries for college graduates". He pointed out that all of their "perceived" gain was from the drop in income of people below them. They weren't actually getting a bigger share of the rising profits. So the wealthy are making more money, but not giving any greater share to anybody, and giving less to those without degrees. Our system is truly messed up here in the United States.