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Joined 1 year ago
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Cake day: June 27th, 2023

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  • A lot of the work we do is effectively to satisfy the (constantly changing and growing) desires or the wealthy (or let’s say, the desires of the people who employ wage workers).

    Simple example: labour productivity has grown with 70% since the 70s while real wages have stayed more or less the same. So that growth in output hasnt been going to workers. (The time that productivity increase could have freed up, is now used to produce stuff that the workers do not get to consume themselves).

    https://www.epi.org/productivity-pay-gap/