Re:As the U.S. fantasizes, the world builds high speed rail
by gozur88 on Wednesday July 05, 2017 @12:22PM
(#14703731)
3%? No. That's not even close. And you're leaving out indirect labor - people got paid to build everything you buy.
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Re:As the U.S. fantasizes, the world builds high speed rail
by kashkhan on Wednesday July 05, 2017 @03:56PM
(#14705617)
how much labor does capital need to produce returns?
the wages in economy are well documented. as well as returns on capital. Actual data matters. Don't take my word for it. read up an actual economist.
http://voxeu.org/article/reducing-inequality-deconcentrating...
The rich aren't rich because they put in more labor and got more salaries.