Re:The rich world needs higher real wage growth
by eli_gottlieb on Sunday July 01, 2018 @05:30PM
(#17437720)
Well, that sounds pretty accurate: today's economies are so thoroughly dominated by the interests of monopoly capital that it takes a long-running bubble/overheat to actually raise wages.
And that increasing wages for labor is in fact capital's least-preferred option.
Which would be sad, but more or less jive with how the modern global, publicly traded economy works.