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by entropi 31 days ago
Yeah but the money I receive is almost completely decoupled from the value I create. In fact, this can only reduce the value of my time since now my expertise is perceived to be commodified.
1 comments

Also not true. The factory worker is paid more than the worker making widgets by hand.

GDP per capita has a strong correlation with average wages. The more productive your economy, the more money the average person makes.

there has been a decoupling of productivity gains and wage increases for some time. Not completely disconnected yet but still