Mostly because when inflation ajusted they are in fact stagnant[1]
That is to say, all of the profits from technology and automation in the last 40 years or so have gone to the owners of capital. How you interpret this or propose to 'solve' I won't comment on.
It's closer to 50 years than 40--since about 1970.
I'd say it's the capital-owners' problem to solve, since everyone else can still afford to buy/build weapons. They may sometimes forget that the veneer of civilization is paper thin, when their veneer has gold leaf on top of it.
RugnirViking|8 years ago
That is to say, all of the profits from technology and automation in the last 40 years or so have gone to the owners of capital. How you interpret this or propose to 'solve' I won't comment on.
[1]https://en.wikipedia.org/wiki/Real_wages
logfromblammo|8 years ago
I'd say it's the capital-owners' problem to solve, since everyone else can still afford to buy/build weapons. They may sometimes forget that the veneer of civilization is paper thin, when their veneer has gold leaf on top of it.