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The enormous increase in productivity since the early 70s (PCs, mobile, satellites, better batteries, etc.) have been cashed by the top 1% only.
by Strshps1MoreTim 14y ago
The enormous increase in productivity since the early 70s (PCs, mobile, satellites, better batteries, etc.) have been cashed by the top 1% only.
- marknutter 14y agoWhat do you mean by "cashed by the top 1% only"? Last I checked, the 99% were enjoying the benefits of PCs, mobile phones, satellites, and better batteries every bit as much as the 1% were.
- Strshps1MoreTim 14y agoThe income of the "unwashed masses" in the developed countries hasn't increased since the early 70s. Despite the new tech, that replaced rooms of typists and drawers, slow mail, accountants, etc. The profits from the increased productivity went to the top 1% only.