Sahwa@reddthat.com to A Boring Dystopia@mander.xyz · 5 days agoEconomists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’fortune.comexternal-linkmessage-square15fedilinkarrow-up1178cross-posted to: chapotraphouse@hexbear.net
arrow-up1178external-linkEconomists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’fortune.comSahwa@reddthat.com to A Boring Dystopia@mander.xyz · 5 days agomessage-square15fedilinkcross-posted to: chapotraphouse@hexbear.net
minus-squareOctopusNemeses@lemmy.worldlinkfedilinkEnglisharrow-up45·5 days agoThey’re allergic to talking about wealth tax. The thing that will actually fix this. Zandi argued that progress depends on both structural and cyclical forces: raising productivity through education, broad-based jobs creation As usual the solution is for individuals to make more money than others. Just keep perpetuating the problem.
minus-squaretimbuck2themoon@sh.itjust.workslinkfedilinkEnglisharrow-up9·4 days agoProductivity has risen in spades since the 80s with no corresponding wage increase. There’s zero reason to believe being yet more productive would change that.
They’re allergic to talking about wealth tax. The thing that will actually fix this.
As usual the solution is for individuals to make more money than others. Just keep perpetuating the problem.
Productivity has risen in spades since the 80s with no corresponding wage increase. There’s zero reason to believe being yet more productive would change that.