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and why do you assume that somehow in this equation there will be enough jobs with a living wage to accomidate the entire population?

• missedthecue 5y ago
  because across 250 years of extreme and rapid industrial progress, wages have gone nowhere but up, across all quintiles.
  • deleted 5y ago
    [deleted]
  • teucris 5y ago
    …until ~40 years ago[0] 0: https://insight.kellogg.northwestern.edu/article/wage-stagnation-in-america/amp https://insight.kellogg.northwestern.edu/article/wage-stagna...
    • missedthecue 5y ago
      1. Thats very american-centric 2. Even in America, the trend of inflation adjusted wages has gone up and up https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q
      • convolvatron 5y ago
        thats the median for all workers