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xzjis | 2 months ago

What's crazy is that productivity per employee just keeps increasing year after year, but successive neoliberal governments continue to lower corporate taxes. They should be doing the exact opposite! Taxes should be raised as productivity increases! AI is just one more tool that gradually increases productivity, among others.

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Armisael16|2 months ago

Why should productivity and corporate tax rates be correlated at all, up or down? The link there is not obvious.

smallmancontrov|2 months ago

Insofar as productivity is a sign of the system getting imbalanced towards capital, the system should be pushed back and the everyman thrown a bone.

kortilla|2 months ago

If productivity increases, margins increase. When margins increase any business in a competitive environment will have to lower its prices in response to any other business lowering prices that got those automation gains.

Productivity increases result in lower prices in any competitive market.

danhon|2 months ago

* competitive

lm28469|2 months ago

> but successive neoliberal governments continue to lower corporate taxes.

By itself it wouldn't be a problem, the problem is at the same time they raise taxes for people doing OK, and salaries are mostly stagnating.

LogicFailsMe|2 months ago

True, but good luck getting people to vote for their own interests. It's not hard to fix this. It really isn't. But it's nearly impossible to get through to people. As someone else said, at some point you have to make a choice about where you want to live and do what it takes to get to that place before you drown in the sea of marching morons.