It's been known for years that oftentimes paying people more for intellectually demanding tasks, leads to decreases in productivity Capitalism and the ideologie

It's been known for years that oftentimes paying people more for intellectually demanding tasks, leads to decreases in productivity Capitalism and the ideologies surrounding it, fall apart when you start looking at real assets and how the exchanges value of those assets takes a hit during economic down turns. The idea that "humans [were] motivated by monetary rewards and material things" didn't turn out to be false, it's just always been the case that it wasn't true.