"Why increase productivity when your pay doesn’t increase?" Because the neoliberal belief is that pay should remain largely fixed and the productivity bonus co

"Why increase productivity when your pay doesn’t increase?" Because the neoliberal belief is that pay should remain largely fixed and the productivity bonus comes through as reduction in prices or increase in function. So this season's iPhone does more than last at roughly the same price. Which then leads to the paradox of productivity - since profits cannot then grow either unless there is ever greater leverage from banks.