Socialism @lemmy.ml cyu @sh.itjust.works 2y ago "There isn't enough money for fair wages" https://mastodon.online/@virtualbri/110759307775541844
Productivity goes up, corporate profits go up, wages stagnate.Gee I wonder where all the benefits from all that productivity went?
I agree with the point, but this isn't a perfect metric.There are cases where productivity stagnates or drops due to choosing to use low-paid manual labour over automation, etc.If you look at figures outside the US this is more prevalent (e.g. the UK carwashes - https://www.theguardian.com/commentisfree/2023/mar/14/exploited-workers-britain-hand-carwash-licensing )
These last few years of greedflation by corporations have really fucked labor.