> The Great Depression lasted quite a while! It wasn't caused by a big advance in technology. [1] "There is no consensus among economists and historians regar

> The Great Depression lasted quite a while! It wasn't caused by a big advance in technology. [1] "There is no consensus among economists and historians regarding the exact causes of the Great Depression. However, many scholars agree that at least the following four factors played a role." 1. The stock market crash of 1929. 2. Banking panics and monetary contraction. 3. The gold standard. 4. Decreased international lending and tariffs. Nowhere are technological advances mentioned. You can probably find an article that mentions it, but productivity increases as a cause are considered heterodox theory. > If the only way an average person can get money and be a consumer is to sell their labor, then they will get less purchasing power over time. Not if they are as organized and lawyer up like the folks they are negotiating with. And the numbers say you are wrong. Purchasing power has stayed about the same over the past 40 years. [2] The real problem is that workers increasingly negotiate as individuals against an organized management team who has the goal of extracting more profit for the owners, and less profit for the workers. Organized workers have far more negotiating power, but workers fail to join in and use this advantage. Who is to blame for that other than us workers ourselves? If workers had become more unionized over the past 40 years, they would have captured more of the profits and wealth gaps would be smaller. We can see exactly this with UPS announcing lower earnings for owners in the coming years due to unions winning higher salaries. > The wealthy can get that way without needing to pay much to human PRODUCERS. That’s the point. How? Where exactly is the money going to come from if the producers don't have any money to spend? From where does this money magically appear and who is buying the products that the wealthy are selling? [1] https://www.britannica.com/story/causes-of-the-great-depression https://www.britannica.com/story/causes-of-the-great-depress... [2] https://www.pewresearch.org/short-reads/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/ https://www.pewresearch.org/short-reads/2018/08/07/for-most-...