Nope, gains in productivity have not been matched by increased real wages.
How many posts are you going to reiterate that there is an easy simple solution but offer nothing?
Well, what is it?
Yes, for workers who become more productive.
Is that what was written?
Do you recognize the problem as being a problem?
Extreme inequality of wealth is accompanies by a less extreme inequality of income, and an effective loss of wages compared to production value, particularly in what are colloquially referred to as “blue-collar” work, over about the same time period as the pattern of escalating wealth inequality.
Disregarding differences in how terms are defined between writer and reader:
That’s not strictly relevant. It’s not as though anybody said the problem had no reason to exist at all.
I’m sorry that your empathizing with the people at the top makes you unwilling to seek a direct solution, or a solution at all, but it’s ultimately just what the people would want. To remove and prevent the usage of certain technologies, I don’t know that this is what the people would want.
Er, accompanied*
Is this true?
No. Rich people are rich mainly because they own stuff, not because of the work they do. If the rich are getting richer it’s because of the productivity of people who actually work, not because rich people are getting better at owning stuff.
Sure, the owners of capital. They get rich because the workers are more productive, thus meaning they can hire fewer of them and keep more money for themselves. Mark Zuckerburg, Arianna Huffington, and Bill Gates are all great examples.
However, the staff of those companies also get a lot more money.