Re:Japan's tax laws get in way of more women working full time
by rocqua on Friday March 08, 2019 @10:05AM
(#19338086)
> While this could be a gross oversimplification, adding 1/2 of the population to the workforce would, through the laws of supplyand demand, decrease wages by 1/2
This presumes zero-sum. That is, it presumes that this growth of the workforce does not affect the total productivity.
If instead, more people working means more productivity, then part of that productivity can go to paying wages.
Whether this increase of productivity actually goes towards wages is difficult to say. I think that most of the recent productivity increase have been to the benefit of investors rather than labor.
This presumes zero-sum. That is, it presumes that this growth of the workforce does not affect the total productivity. If instead, more people working means more productivity, then part of that productivity can go to paying wages.
Whether this increase of productivity actually goes towards wages is difficult to say. I think that most of the recent productivity increase have been to the benefit of investors rather than labor.