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Well that is why I think that income (either through minimum wages, basic income cash transfers, of union contracts) should be explicitly linked to productivity
by jonnycomputer 4y ago
Well that is why I think that income (either through minimum wages, basic income cash transfers, of union contracts) should be explicitly linked to productivity not CPI. In an ideal world individual productivity should increase wages proportionate to the increased value produced, but--as you say--that doesn't seem to be happening.