Oh, so NOW correlation is causation. Great, I'll go correct my notes so I don't forget, it's always so confusing. There's one thing lacking here, and that is,

Oh, so NOW correlation is causation. Great, I'll go correct my notes so I don't forget, it's always so confusing. There's one thing lacking here, and that is, of course, a causal link. It would be nice if they went down the line and compared employee wages relative to corporate profits on a per company basis. It might be that there are different things at play here. There's a lot of data missing from this incredibly shallow analysis. Not that I dispute the results, but the argument isn't well backed by the data. Edit: as a side note I think a lot of problems with employment in the developed world today are due to extremely outdated labor laws that prove to be more damaging than helpful. The expectation of the entire system is that workers will be locked into employment at a particular company for life, will work 40hr/wk on average week in week out, and will rise in pay incrementally over their career. Those assumptions result in worker benefits being tied to employers. They're why the government can get away with hiding half the tax rate of the payroll tax from workers behind the "employer contribution". They're partly why savings rates have fallen so badly over the past few decades. And so on. A lot of which is ultimately to the detriment of the individual worker. If workers were more independent and more mobile, able to self-employ more easily, and so on then they'd tend to have much higher wages on average, I'd wager. The current system doesn't reward independence, it punishes it, but independence is precisely how workers gain an upper hand once they've built up a considerable amount of experience.