3 ms·
As pointed out in previous comments, increases in productivity have not gone to reduce labor hours, only to increase ownership's profits. This is true of the c
by johnea 3y ago
As pointed out in previous comments, increases in productivity have not gone to reduce labor hours, only to increase ownership's profits.
This is true of the computer, the tractor, the healthcare system, and the loom as made famous by the Luddites.
Healthcare in the US leaves more people bankrupt than any other cause while massivley enriching ownership. Tke for example Rick Scott, who was the CEO of Columbia Healthcare during the era in which it was convicted of the largest (at that time) medicare fraud in US history. Then he bacame Florida's governor, and is now a US senator.