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by naveen99 8 days ago
They have name for “Less work for same pay” : inflation.
2 comments

Seems like today's more-work-less-pay model also leads to inflation, so I'm not sure what you're getting at.
The thing being hinted at is there is an already an English term to describe the notion of the value of a unit of something decreasing over time, which is “inflation”. Not causation, just definition.
This is confused. Less work for same pay means each unit of work is more valuable, in other words deflation.
That's less productivity for same pay. We can have less work without impacting productivity much.