[akdetrick]

The average worker is 5x more productive than they were 30 years ago, but wages have been basically flat.

In the last 10 years, the federal minimum wage has not risen, effectively reducing the minimum wage by about $1 due to inflation.

The richest 500 people in the world grew their wealth by $1.2 trillion in 2019, a 25% increase over a period of one year.

The minority build their wealth on the labor and taxes of the majority, but sure, adjusting the tax code is "stealing".

[DuskStar]

If workers are 5x more productive and wages are flat after inflation, why are profits also flat (after inflation and population growth)? This isn't a case of the corporate oligarchs taking a larger share, this is the pie not growing as fast as that 5x productivity improvement would imply.

[sdinsn]

> The average worker is 5x more productive

Productivity isn't due to workers alone. Most productivity has been gained through technological advances.

[skitout]

Sure, but how do we used to share the increase in productivity ? How do we share it now ? How should we share it ? ; My feeling is workers had been the "loser" those last 30 years in how are shared the productivity gain. Ethically I find it wrong. Economically this did not seemed to offer more growth or positive outcome...