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In a situation where the worker was capturing all of the productivity improvements then it would be in the workers interest for the workers to invest in new tec
by jiggy2011 13y ago
In a situation where the worker was capturing all of the productivity improvements then it would be in the workers interest for the workers to invest in new technology to improve productivity.
I think we are quite far from a situation where a worker has enough negotiating power to capture everything. What we have is a situation where the share of the worker as a % of total is declining. A situation where that % doesn't buy financial security can look ugly quick.