groundhogday3

4 ms·

1.
by groundhogday3 5y ago
> Technological benefits make individual workers more productive, allowing them to be exploited for more profit. It also makes harder jobs easier and in some cases allows someone unskilled to perform a job that a only a more highly skill
2.
by groundhogday3 5y ago
Depends what they mean by Productivity. Other things can be productive other than Labour. Also it still doesn't mean you should be paid twice as much. If I can hire 3 unskilled workers for less than the price of a skilled worker that i
3.
by groundhogday3 5y ago
> The fact remains that the bargain has changed over the last 40 years, with the bulk of the benefits of technological change not reaching workers. Now it is becoming common for even well-paid jobs to move to an assumption of no annual r
4.
by groundhogday3 5y ago
> And in a labour shortage, the value that someone brings to the company increases :) Sure. However that won't last forever. It will drive companies to innovate away your job. I go for a McDonalds breakfast after my bike ride on a S
5.
by groundhogday3 5y ago
Just because productivity has doubled in 40 years doesn't mean that people have been twice as productive. Also salaries and wages aren't dependent on how hard you work. It is how much value you bring to a company (and how easily y
6.
by groundhogday3 5y ago
They can drill it but they can't refine a lot of it because of sanctions. https://www.iranintl.com/en/20211025679868
7.
by groundhogday3 5y ago
I've read that takes 2 years to get a new semi-conductor fab up and running. While demand for GPUs has skyrocketed not only in crypto but in other areas. Couple that with us going into 2 years of global lockdowns and subsequent supply
8.
by groundhogday3 5y ago
The healthcare isn't free. It is paid for through taxation. They have paid into the same healthcare system (through taxation) as everyone else and should be entitled to the care. Draconian measures such as what you suggest just make pe