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by Aunche 1837 days ago
>Also, no matter what metric you use, the "average wealth" of the younger generations, particularly millennials, is not in fact higher than their predecessors.

That's only if you look at developed nations. The average wealth in Asia has exploded. The market for labor is far more globalized now, so you have to compete with people used to lower standards of living.

>The level of their productivity is a historical high point

Who's deserves credit for the productivity? Warehouse workers didn't suddenly get twice as good as good as moving inventory by themselves, they did so because Amazon investors invested in automation