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> [...] their pay has flatlined, or even declined when factoring in inflation [...] Neither #1 NOR #2 are happening, what is instead happening is #3 > [...] i
by miduil 5y ago
> [...] their pay has flatlined, or even declined when factoring in inflation [...]
Neither #1 NOR #2 are happening, what is instead happening is #3
> [...] increased inequality with most gains going to people at the top [...]
- randyrand 5y agoEven if that is true, productivity is not the cause there. Productivity increases our wages because it naturally decreases prices. It's already account for. Edit: to those that don't believe it, what do you think would happen if suddenly 3x more of every product popped into existence?