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A comment on Better technology means higher expectations, which creates more work. Parent comment

Re:Better technology means higher expectations, which create... by Gil-galad on Tuesday January 14, 2020 @12:59PM (#22047344)
The basket of goods they use to adjust for inflation does not usually include house prices, which have sky-rocketed in the last few decades.
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Re:Better technology means higher expectations, which create... by eru on Wednesday January 15, 2020 @02:33AM (#22052355)
In those kinds of debates about whether labour is more or less 'exploited' than they used to be, it's easiest to just ignore inflation:

Look at the fraction of GDP that goes to labour, capital and land at any point in time. No need to adjust for inflation this way.

Or viewed another way: you are adjusting for inflation, but your basket is the entire GDP, which you arbitrarily set to 1.

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