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Re:Wage Stagnation by mcv on Tuesday February 26, 2019 @11:19AM (#19255544)
And that's the core of the problem. Wages used to go up with productivity, but not anymore. Plenty of money is being made, it just doesn't end up in the wages of regular employees.

A couple of years I came across a claim that compared to 50 years ago, the ratio between a CEO's salary than that of a regular employee of the same company, has shot up by one or two orders of magnitude. CEOs make way more than they used to, regular employees don't.

Re:Wage Stagnation by crdoconnor on Tuesday February 26, 2019 @12:13PM (#19256202)
Yeah, it's clearly relative power and competition that determines wage level, not productivity.