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Productivity per employee definitely increased, and profit of companies definitely increased, the only thing that didn't follow both of these trends is the aver
by lm28469 3y ago
Productivity per employee definitely increased, and profit of companies definitely increased, the only thing that didn't follow both of these trends is the average wage
If you want to prove all the excess productivity of the last 50 years is useless busywork you have to bring some proofs. The money is moving from pockets to pockets so surely some value is created, it just happens that all these pockets are at the top, and not much trickles down
https://economicsfromthetopdown.files.wordpress.com/2020/01/epi_pay_gap.png?resize=723%2C490 https://economicsfromthetopdown.files.wordpress.com/2020/01/...