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This is misinformation and has been debunked at length. The graph compares median wage to mean productivity which is nonsensical.
by tt24 10mo ago
This is misinformation and has been debunked at length. The graph compares median wage to mean productivity which is nonsensical.
- yibg 10mo agoIsn't that the whole point? That as total productivity has increased (represented by the mean), the wage increase has gone to the top.
- tt24 10mo agoThat’s because most of the productivity increases come from the top as well. Compare like to like. Mean productivity increase tracks mean wage increase super well, same for median productivity increase vs median wage increase.
- Rexxar 10mo agoThe people you are replying to are trying to have a meaningful discussion by providing references and some basic argumentation. Can you add some link or arguments that explain more strongly your point of view instead of using strong affirmations ('misinformation', 'debunked', 'nonsensical') without any trace of argumentation and no reference at all ?
- tt24 10mo agoI’d recommend reading my comment more carefully. The argument is pretty clear and straightforward.