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The Productivity Paradox: Why Technology Makes the Economy More Efficient But Most People No Richer
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this post was submitted on 15 Mar 2026
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All of this is fairly obvious to someone not wearing a MAGA hat.
Productivity per person has increased since the 80's, but wages have not followed - rather they have remained largely stagnant.
As such, the increased profits are instead going into an increasingly small amount of very rich people's pockets
Wages have increased a huge amount from the 1980s