3 ms·
> The last 50 years of American prosperity was built primarily on the exploitation of labor as unions declined and Capital starting consuming an outsized amount
by kortilla 4y ago
> The last 50 years of American prosperity was built primarily on the exploitation of labor as unions declined and Capital starting consuming an outsized amount of Labor’s productivity
This is a really lazy analysis that ignores all of the productivity gains that came from automation and information technology. People who put together cars didn’t start making less money, they got replaced by robots.
- treis 4y agoThey did start making less money too. Factories moved away from union dominated places to lower waged non-union states. Even the unions ended up selling out and lowered wages for new members to protect their own pay.
- I-M-S 4y agoBetween OP's analysis and your reply, there's only one I'd dare to call lazy.
- kortilla 4y agoOp didn’t have any analysis at all. It’s just a meme and a really old one at that.
- CountSessine 4y agoThat was an analysis? That was a lazy regurgitation of luddite talking-points that you'd hear in pubs after a few drinks.
- greedo 4y agoWhy do you think all the "foreign" automakers set up factories in the South? So they could avoid the cost of union-workers, or force the unions to lower their costs.