7 ms·
And luddites were right because pre-industrial level of worker compensation, in real terms, was only achieved by the early XX century.
by anovikov 5y ago
And luddites were right because pre-industrial level of worker compensation, in real terms, was only achieved by the early XX century.
- scoopertrooper 5y agoActually compensation for most workers went up dramatically from the outset of the industrial revolution. There just wasn't that much wealth to go around prior to industrialisation. http://nws-sa.com/rr/Inequality/Lindert.pdf http://nws-sa.com/rr/Inequality/Lindert.pdf