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Yep, because middle-income jobs are disappearing - due to automation and scale: https://economics.mit.edu/files/11563 https://economics.mit.edu/files/11563 Plu
by pas 6y ago
Yep, because middle-income jobs are disappearing - due to automation and scale: https://economics.mit.edu/files/11563 https://economics.mit.edu/files/11563
Plus again scale shifts profits away from labor: https://economics.mit.edu/files/12979 https://economics.mit.edu/files/12979