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Automation is how all industrialized countries got rich. Bangladesh is now ascending up the same path. As the article says: "Increasingly, workers are getting
by BurningFrog 2y ago
Automation is how all industrialized countries got rich. Bangladesh is now ascending up the same path.
As the article says: "Increasingly, workers are getting scarce in a country like Bangladesh, where per capita income is increasing."
- insane_dreamer 2y agoThat doesn't square with the rest of the article which says that companies didn't raise wages until the government raised the minimum wage, and that wages are still only half of what the unions say are needed. > workers, union representatives, and academics told Rest of World that wages have increased only because of worker protests, and not smarter factories > Automation is how all industrialized countries got rich. Automation is how industrialized countries increased output and GDP, and it's how shareholders got rich. It's not how workers got rich (because they didn't).