30th Jun 2012
Normally productivity is what the worker gives to the owner and wage is what the owner gives to the worker. The difference of both are the profit. However, since the 1970s despite ever increasing productivity real wages just remained flat. This lead to the enormous accumulation of profits and as a result a bloated financial sector. Remember, this did not happen by chance.

Normally productivity is what the worker gives to the owner and wage is what the owner gives to the worker. The difference of both are the profit. However, since the 1970s despite ever increasing productivity real wages just remained flat. This lead to the enormous accumulation of profits and as a result a bloated financial sector. Remember, this did not happen by chance.

(Source: from-the-left)

♥ 2 notes