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And while productivity has increased constantly, wages have stagnated. Companies need to start paying their much more productive workers a lot more money, or th
by SolarNet 8y ago
And while productivity has increased constantly, wages have stagnated. Companies need to start paying their much more productive workers a lot more money, or the benefits from the increased productivity will never be realized as growth (because that money won't go back into the middle class who are the most effective economic engines of growth per dollar earned).
https://thumbor.forbes.com/thumbor/960x0/https%3A%2F%2Fblogs-images.forbes.com%2Ftimworstall%2Ffiles%2F2016%2F10%2Fwagescompensation-1200x1093.jpg https://thumbor.forbes.com/thumbor/960x0/https%3A%2F%2Fblogs...
- zachwood 8y agoAt what point do we give up on the dream of companies voluntarily paying workers more? Forced redistribution from capital to labor should have started long ago, yet we appear to be moving in the opposite direction.