Why Wages Aren’t Growing

Re:Why Wages Aren’t Growing by imtringued on Friday September 22, 2017 @08:50AM (#15311672)

If it's due to capital then the companies will reduce prices of the goods they produce (assuming there is enough competition). The consumers then can use the savings to spend it on more labor intensive products.

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Re:Why Wages Aren’t Growing by lovich on Friday September 22, 2017 @02:03PM (#15314339)

Is that happening at any scale though? Theoretically capitalism would do exactly as described but we are not operating in a purely capitalistic society by any margin

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