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Yeah but the money I receive is almost completely decoupled from the value I create. In fact, this can only reduce the value of my time since now my expertise i
by entropi 3mo ago
Yeah but the money I receive is almost completely decoupled from the value I create. In fact, this can only reduce the value of my time since now my expertise is perceived to be commodified.
- Legend2440 3mo agoAlso not true. The factory worker is paid more than the worker making widgets by hand. GDP per capita has a strong correlation with average wages. The more productive your economy, the more money the average person makes.
- fridder 3mo agothere has been a decoupling of productivity gains and wage increases for some time. Not completely disconnected yet but still