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Excepting that the `pie` that is the global economy of goods and services has grown significantly. So in this case, we're all producing more than ever, but not
by reedjosh 5y ago
Excepting that the `pie` that is the global economy of goods and services has grown significantly. So in this case, we're all producing more than ever, but not gaining any more than we used to.
- mullingitover 5y agoIt's relative to who you consider as 'we.' If you mean workers in the US, yeah it's pretty flat. However if you mean 'we' to be workers globally, we've gained a staggering amount in the past few decades. Somewhere in the neighborhood of 1.5 billion people have been lifted out of extreme poverty in our lifetimes[1]. [1] https://ourworldindata.org/extreme-poverty https://ourworldindata.org/extreme-poverty
- reedjosh 5y agoYes, but I'm thinking more of the we that are the losers in in the Gini coefficient. https://en.wikipedia.org/wiki/Gini_coefficient https://en.wikipedia.org/wiki/Gini_coefficient