>>Things like automation, while highly efficient, result in most of the gains going to capital owners. That is not true. When you exclude housing, capital's sh

>>Things like automation, while highly efficient, result in most of the gains going to capital owners. That is not true. When you exclude housing, capital's share of national income has slightly decreased over the last century (see Figure 3): https://www.brookings.edu/wp-content/uploads/2016/07/2015a_rognlie.pdf https://www.brookings.edu/wp-content/uploads/2016/07/2015a_r... Non-housing capital grows primarily through greater automation.