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by heisenbit
3235 days ago
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IT codes knowledge and techniques into machines and by that makes workers with low and medium skill levels more exchangeable reducing their negotiation power vs. the capital providers. Over time this leads to salaries lagging for this part of the working population. Unions may slow this process but their negotiation power is slowly eroding too. These days it is not unheard of that whole factories are shifting across borders. |
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