Re:The labor share of income in the US is at its lowest post...
by wolvesechoes on Wednesday July 01, 2026 @01:29AM
(#48742625)
> Increases in labor productivity is a curious thing to think about. Do I deserve more wages for using AutoCad instead of drafting paper?
Please...
> But it's also true that in spite of this, my output is higher. Should I capture the increased output or should the innovators of the tools? What about the firms that invest in procuring these tools and production technology? Should the customers capture the increased output through lower prices? Or should the innovators, firms, and customers all get less, and instead my wages should get bigger?
No, only your boss deserves to gain from you productivity increase, that's obvious.
Please...
> But it's also true that in spite of this, my output is higher. Should I capture the increased output or should the innovators of the tools? What about the firms that invest in procuring these tools and production technology? Should the customers capture the increased output through lower prices? Or should the innovators, firms, and customers all get less, and instead my wages should get bigger?
No, only your boss deserves to gain from you productivity increase, that's obvious.