RockBottom@feddit.org to Late Stage Capitalism@lemmy.world · 25 days agoAmerica’s Decline in 1 graphlemmy.todayimagemessage-square16linkfedilinkarrow-up1164file-textcross-posted to: [email protected]
arrow-up1164imageAmerica’s Decline in 1 graphlemmy.todayRockBottom@feddit.org to Late Stage Capitalism@lemmy.world · 25 days agomessage-square16linkfedilinkfile-textcross-posted to: [email protected]
minus-squareJake Farm@sopuli.xyzlinkfedilinkEnglisharrow-up4·24 days agoWhat happened in the 70s, cause according to this graph, that is when wages and productivity became divorced.
minus-squareRockBottom@feddit.orgOPlinkfedilinkarrow-up2·24 days agoThe postwar-growth was over for good, so rising profits had to be made by keeping wages low.
minus-squareJake Farm@sopuli.xyzlinkfedilinkEnglisharrow-up3·24 days agoProfits and productivity are not directly connected like that
minus-squareRockBottom@feddit.orgOPlinkfedilinkarrow-up2·24 days agoAre you saying when you raise productivity and surpress wages you are not increasing profits? Then, why all the hassle and neoliberal brainwashing? Curious.
What happened in the 70s, cause according to this graph, that is when wages and productivity became divorced.
The postwar-growth was over for good, so rising profits had to be made by keeping wages low.
Profits and productivity are not directly connected like that
Are you saying when you raise productivity and surpress wages you are not increasing profits? Then, why all the hassle and neoliberal brainwashing? Curious.