Re:If pay had kept pace with productivity gains, minimum wag...
by pas on Saturday October 10, 2020 @04:27PM
(#24741632)
Yep, because middle-income jobs are disappearing - due to automation and scale: https://economics.mit.edu/files/11563
Plus again scale shifts profits away from labor: https://economics.mit.edu/files/12979
The root cause is the demand for that type of labor is dwarfed by supply for type of labor, and the long lasting solution would be to provide those people with better options.