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Wages haven't been frozen for 45 years in real terms. They have gone up considerably.
by milesrout 2y ago
Wages haven't been frozen for 45 years in real terms. They have gone up considerably.
- mandmandam 2y agoCompare wages to productivity [0]. Or compare the rise in wages to the rise in housing costs [1]. The vast majority of the gains in productivity have been captured and funneled upward. 0 - https://assets.weforum.org/editor/HFNnYrqruqvI_-Skg2C7ZYjdcXp-6EsuSBkSyHpSbm0.png https://assets.weforum.org/editor/HFNnYrqruqvI_-Skg2C7ZYjdcX...
- milesrout 2y agoThat graph is misinformation. It deliberately excludes the wages of the most productive workers (but includes their productivity) which makes it meaningless.