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Ep. 2193 Don't Weep for Labor: Its Share Is Not Declining

The Tom Woods Show

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Is Everything Just in Everyone's Imagination?

The reason why they think that labor is getting screwed is because they are measuring labor share. They really do have a zealous desire to draw conclusions about corporate greed and monopsony. All these corporations and companies have been cluding together to make sure that wages stay low. So it's a combination of sloppiness and zealousness, this desire to cossesort of be on the side of the left wing angels which leads them to make the simplest error imaginable.

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