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A bunch of people getting angry in here because they dont understand economics. Productivity isnt a value judgement. It certainly doesnt assign fault. Saying l
by anm89 4y ago
A bunch of people getting angry in here because they dont understand economics. Productivity isnt a value judgement. It certainly doesnt assign fault.
Saying low productivity hurts the economy is just a factual assertion. How we do or dont solve it and who wins /loses in those scenarios is a political decision
Unlike many of our problems of the last decade, yelling at economics on twitter wont cancel it and make the problem go away
- cratermoon 4y agoI understand economics well enough to ask you to clarify, please, what you mean by "the economy".
- stevievee 4y agoThis article and many like it "assign fault" to the labour by making too many assumptions about the cause of the decrease in labour productivity being a decrease in labour effort, motivation etc. In reality, this just a misrepresentation of the metric. Not sure why you don't think this would anger some people.
- Qem 4y agoThe fault lies in whoever took the decision of ofshoring most high productivity manufacture jobs elsewhere. The service sector is not subjected to huge productivity gains. If one works flipping burgers or serving tables, productivity of individual workers is mostly bound. There is no Moore law increasing the number of burgers flipped or tables served per worker per year.