7 ms·
> Also, wages have not kept up with an individual's increase in productivity as all the gains have been skimmed by the top shareholders, not the workers. Much
by neilparikh 5y ago
> Also, wages have not kept up with an individual's increase in productivity as all the gains have been skimmed by the top shareholders, not the workers.
Much of the gains have also been skimmed by land, many of whom happen to be workers.
I think that's part of the reason there hasn't been a strong push to for systemic change. You really have three main classes: capital, labour who happens to own some land (through homeownership), and labour without land. The second group is majority [0], and they've done mostly okay (at the expense of the third).
[0] - Or, if they're not the majority, they're still more active and involved in politics, which makes sense, as they've made a very large investment, and would like to see it grow (or at the very least, not lose its value).