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by oh_sigh
3278 days ago
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Just a guess, but is it because increase inefficiencies has nothing to do with the actual workers skills? For example, Someone owns a fence building company, and their crew can lay 1000' of fence a day by shoveling the fence post holes. The owner spends $100,000 and invests in a couple of big power augers, which lets his crew now lay 5000' of fence a day(also, the crew is less tired at the end of the day). The crew is now 5x as productive as they were in the past, but it is because of the capital investment of the owner, not through any intrinsic increase in productivity from the crew itself. Who gets to capture the increase in revenue? |
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