A significant part of productivity gains went to workers up until 1999. There is no universal law that says productivity gains are inherently captured by shareh

A significant part of productivity gains went to workers up until 1999. There is no universal law that says productivity gains are inherently captured by shareholders. Of course if this is a possible option capitalists will choose it. I think this is a consequence of government policy where monopsony power prevents labour from getting a fair price due to only a handful of monopolists having the things that improve productivity.