arx1v
Re:For first time since 1880s, more young Americans live with parents ...
on Tuesday May 24, 2016 @06:11PM (#11765946)
Productivity gains came from capital, e.g. computers, automation, etc.
This makes labor less valuable, and decreases labour's negotiating power, preventing an increase in wage from an increase in productivity.
That is, if your work is augmented by a machine, then it's a hell of a lot easier to replace you.