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ThisIsNowhere | 2 years ago

For the past half century, inflation adjusted wages have remained basically flat while productivity has more than doubled. The 1% heirs have captured almost all of that growth. So that is the source of this funding - the heirs expropriate the profit of surplus labor time to finance the government which oversees that expropriation.

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marcusverus|2 years ago

> For the past half century, inflation adjusted wages have remained basically flat while productivity has more than doubled.

So how is it that real median household income is up almost 50% in the same timeframe?[0]

[0] https://fred.stlouisfed.org/series/MEHOINUSA672N

lotsofpulp|2 years ago

Would this be women obtaining higher paying positions?