How do people defend this?
How do people defend this?
Jack Green
Other urls found in this thread:
bestswap.info
wtfhappenedin1971.com
twitter.com
Henry Ross
we dont, thats why i voted trump. end the fed
James Rodriguez
How did that work out?
Adam Jackson
i dunno, let you know in two months
Justin Jones
workers aren't becoming more productive on their own. they become more productive due to capital expenditure on automation technologies, whether that's computer software (excel, word, solidworks, etc.) or hardware automation (plc controlled production lines, etc.)
so lets say mr. shekelberg buys a new piece of software or installs a new production line at some non-zero cost, pays for your training, etc. and suddenly John Q. Wageslave's productivity triples from 1 unit of work per day to 5 units of work per day. would you expect the employee's pay to quintuple, or double, or even increase at all? he's doing the same job as before, just faster because of automation.
James Bennett
Interesting chart. Now look at when we came off the gold standard. Coincidence? I think not.
Austin Morris
They don't have to, because not enough people recognize the problem.
Logan Ross
Women, automation, and cheap third world labor all capable of doing tasks that were previously only done by white men supporting a family.
Logan Lee
So employees shouldn’t benefit from the increased productivity? Mr Shekelberg just gets to line his pockets 5x as much as before?
Jacob Phillips
Before anyone defends this what do you even want shareblue shill? What is your goal here? You want government to seize all businesses and run them like you want? What Indefensible position are you peddling cuck
Chase Reyes
Why are you working for Mr. Shekelburg at all? It's not that difficult to make enough money to provide for a family from your computer at home.
Juan Wood
>this is your mind on Zig Forums
Lucas Edwards
i'm not arguing one way or another, i'm just telling you how and why it's happening. but to answer your question: ask any business owner and they will say that employees shouldn't benefit 1:1 on automation benefits because employees aren't investing money into capital expenditures projects like automation.
think of it another way, if the company invests capital into r&d or marketing or advertising and sees a massive ROI, should adequately compensated employees expect to receive a huge increase in pay? a sensible business might give the employees a reasonable year-end bonus, but for the most part any sane company would retain those profits and use them for current and future business operations.
Christopher Turner
Doing what? Not doubting you, I’m genuinely curious. I’m technologically inclined and I’d love to work from home.
Nolan Taylor
my exact thought
Joseph Kelly
I don't browse pol and wouldn't be bothered with politics if it weren't for all you niggers coming out of the wordworks every day. So what is your position? What do you bring this chart up for you aren't arguing for anything you're just wasting a thread.
I will be voting trump, but only because I have a bet on him winning the popular vote.
Adrian Nelson
wtfhappenedin1971.com
It goes much deeper than just wages
Jace Jones
People can't explain it or are voluntarily looking away from the truth
Aiden Cook
>You want government to seize all businesses and run them like you want
uhhhh... yes?
Carter Reed
Yeah it's better to have 25 shill threads instead on Zig Forums right? Your getting completely triggered that I posted a chart.
Jordan Hughes
The problem, though, is that ultimately no business will stay afloat if consoomers cant afford to buy its product. Productivity going up while wages are stagnating means that there is a flood ofcheap products that can be made with even cheaper labor that will get paid even less compared to what they used to get. It's a downhill race to the bottom and neets are just the first wave of a much bigger problem that will soon hit all of society: Basic necessities are getting so cheap that insuring your survival is extremely easy, but getting to the higher echelons in luxury requires exponentially more effort.
Xavier Parker
No I'm getting triggered that you don't add anything to the chart. You say >How do people defend this
When it is nothing to defend it is just fucking chart. >How do you defend reality
Well it is something that exists chief idk?
Interesting that it is on such a low frame of history while there were massive innovations in computing. Show us the productivity vs compensation when the slaves were emancipated and factories started popping up. Things take time not a revolution you fuck. I wish to see your head on a pike and your heroes crucified because you deserve nothing else.
Dominic Smith
Who cares user. The reality is, Asia is the future. I think they proved that this year. Imagine not being a Bestswap liquidity farmer before it starts catching up to Uniswap. Imagine if the new ANS gets airdropped to Best farmies. They're already dropping NFT's on your head. It literally could have already happened.
Aaron Evans
good website
Ethan Reed
To maintain your chart's productivity vs compensation ratio there would need to be mass layoffs and just less workers. This is the way things are going these people need to learn to walk on their own. Fucking kike., Go back to wherever you're from
Nathaniel Nelson
This is a good point
Kayden Gonzalez
housing keeps going up though
Matthew Martinez
Hi Besty!
Gavin Rodriguez
Jacob Ramirez
Housing is the other massive problem.
If I take a loan to buy a tractor and farm more land, ultimately I invested money now into more productivity. Whether its to buy machines for a factory or to replace humans with AI and robots, I have spent money to add more production capacity.
Houses are money spent to transform materials into a depreciating asset. At t0 a house is built, at t1 a house is worth less than t0 because it is degrading already. Land is the actually valuable thing and even that is questionable. There is technically enough land to shelter everyone, (excluding prime stuff like beach land and that kind of thing). That and the productivity and ease with which construction materials are available and how cheaper they are getting leaves only one question...
Why the fuck are housing prices becoming astronomical when less and less people can afford them and we need more and more immigrants to keep the system running?
I will let you guess the answer to this one, protip: It involves rubbing hands.
Cooper Long
Well someone won me this time and posted it first.
The end of gold standard ended the capital accumulation process as politicians were allowed to finance deficits non stop with printing , meaning that inflation destroyed from the poor to the higher middle class in a period of 49 years.
The problem is not inequality , the problem is that as cost of living increase since 1971, higher and higher classes can accumulate less wealth and thus invest less and become more dependent of already existing players.
First the poor were not able to buy houses , then it was 15 year mortgages for the middle classes , then 30 years mortgages to buy a house , then after 2008 not even that , now everyone is renting and not able to save shit at the end of the day so those with already existing investments get richer while the rest can't even save due to lack of capital accumulation.
This is literally inequality by socialism destroying capitalism which as it's name say is about capital.
A large percentage of the population is now banned from accumulating capital and central bank response to this revolutionary effect is researching into CBDCs to push behavorial economics and programmable money where if you don't spend it after x ammount of time you lost it , literally returning to feudalism.
People seem to forget that capitalism destroyed feudalism, now that after 1971 capitalism was destroyed , feudalism is making a comeback and socialism or state intervention will only accelerate the trend.
Only strong money like bitcoin, gold or monero making a comeback can revert the trend.