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It's the opposite. Price of goods is becoming more and more expensive due to larger demand and lower salaries.
by mathverse 3y ago
It's the opposite. Price of goods is becoming more and more expensive due to larger demand and lower salaries.
- iamthirsty 3y agoSalaries have actually been increasing — at least in the U.S. overall.
- hackerlight 3y ago> It's the opposite. Price of goods is becoming more and more expensive due to larger demand and lower salaries. We're discussing a hypothetical post-labor future in 5-40 years. We probably shouldn't predict the economic theory of this future by looking at recent trends. Recent trends are driven by business-as-usual things like supply chain disruptions. But we're still near full employment, so we're not on the gradient to realized post-labor just yet. Post-labor economics (and politics) will probably be radically different, all the economic assumptions we take for granted go out the window.