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> there is no where for increased wages to come _from The pie doesn't have to grow when the pie is already massive, but only 1% of people are taking 90% of the
by bluefirebrand 1y ago
> there is no where for increased wages to come _from
The pie doesn't have to grow when the pie is already massive, but only 1% of people are taking 90% of the pie
- hollerith 1y ago20-22% of the pie in the US.
- bluefirebrand 1y agoSure, whatever. The point was not in the exact number The point is that there is an answer to "Where could increased wages come from if we don't increase productivity" We don't have to increase productivity to pay some of the population less and other parts of the population more
- MostlyStable 1y agoYou can get short term or one time increases by taking from somewhere else, but without productivity gains, it's an inherently limited, zero sum game.
- int_19h 1y agoIt's not short-term or one-time if you're taking away and redistributing the economic rent that those people collect from the rest of us.