[missedthecue]

Wages won't ever eat up 100% of the productivity gains. That defeats the point of investing in productivity gains. If you have ten ditch diggers, but then buy a steamshovel, the operator of the steamshovel earns more than the ditch diggers, but doesn't earn 10 salaries.

I am from a developing country. There aren't a lot of super rich here. In fact there isn't much wealth at all. Having some greater gini coefficient doesn't mean you have more wealth, inequality really isn't a relevant measure.

If raising wages was the only component to development, Somalia could simply set their minimum wage to $50 an hour and watch the country soar. Wages follow development, not the other around.