>We have the machines to make that a reality today – but none of the will. Correction: "we" don't have the machines. Society on the whole does not collectively

>We have the machines to make that a reality today – but none of the will. Correction: "we" don't have the machines. Society on the whole does not collectively own the means of production, and the workers who utilize the machines are not compensated for the entirety of the value they produce. Productivity has steadily risen thanks to mechanization, and real wages did at one point tend to track more or less equally with that rise, even if the wages did not entail the entirety of the value produced. That is until the late 70s. I think the more important question is: given how well we've been doing for the past ~35 years, why is our compensation still stuck in the 70s?