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Re:Share of Income Gains by Quintile - Great Depression til Now by Gormo on Friday September 09, 2011 @10:42PM (#2980627)
Perhaps the earlier "jobs are obsolete" argument is right, and people aren't reaping the benefits of technology as much as they might because the productivity improvements that it creates inhere in an economic abstraction layer that they're not participating in to the extent that they might.

If we imagined the way modern technologies might be applied to the productive capacity of a family homestead, for example, the improvement that technology brings to the homesteader's quality of life should be directly apparent, without the need to rely on macro-level metrics at all.

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