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A comment on Wage Stagnation.
At some point the workers rebel, and bring back the guillotine. Or something worse (see Soviet Russia). This can't continue long term.
Populist politicians promising to make things better relieve some of the pressure in the short run, though.
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At some point the workers rebel, and bring back the guillotine. Or something worse (see Soviet Russia). This can't continue long term.
Populist politicians promising to make things better relieve some of the pressure in the short run, though.