Crossposted from https://lemmy.today/post/59724884
this post was submitted on 09 Sep 2026
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What happened in the 70s, cause according to this graph, that is when wages and productivity became divorced.
The postwar-growth was over for good, so rising profits had to be made by keeping wages low.
Profits and productivity are not directly connected like that
Are you saying when you raise productivity and surpress wages you are not increasing profits? Then, why all the hassle and neoliberal brainwashing? Curious.