3 ms·
Why should productivity and wages be linked? That is an old idea of Marx[1] that was refuted more than 60 years ago. If many people can do the job, the price is
by emteycz 6y ago
Why should productivity and wages be linked? That is an old idea of Marx[1] that was refuted more than 60 years ago. If many people can do the job, the price is low. Do something not many people can do, or has enormous demand.
[1] https://en.wikipedia.org/wiki/Labor_theory_of_value https://en.wikipedia.org/wiki/Labor_theory_of_value