top | item 46130316

(no title)

alvah | 3 months ago

"Inequality has been going up in the US for a very long time, which means a lot of people are not being rewarded as much as they should."

The second part of your sentence is not necessarily true. It might be true in some or even many cases, but it's certainly not something you can just assert & move on, as if it's a physical law.

discuss

order

Herring|3 months ago

I'm just tired of re-litigating this issue. Discuss with your favorite frontier model. Roughly, productivity has been outpacing pay since the mid 1970s, and I wrote about this in another comment here.

There's just so much confusion here. Some people like you don't get why a world where a handful of billionaires own everything is a bad idea. Madness. I think nothing less than another depression will get through to most.

knollimar|3 months ago

Increased capital investment (e.g. software) could explain productivity not attributable to the employee.

On its face, productivity vs pay isn't a faor metric. I agree that problem exists, but we shouldn't use it to benchmark

alvah|2 months ago

I don't care if you are tired or not, it's not something you can just assert and move on.

Also, you know nothing at all of my opinion on whether "a handful of billionaires own everything" is a bad idea or not. All you know about me is I don't agree with you that rising inequality AUTOMATICALLY means some people haven't been rewarded as much as they "should", whatever that means. Reading comprehension, combined with not assuming others' POV, for the win.