AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Inflation, Wages, and Labor Market Dynamics
This chapter explores the complex interplay between inflation, wages, and labor market dynamics following the pandemic. It highlights the impact of inflation on workers' purchasing power and bargaining power while reflecting on historical trends and the current state of labor markets. The discussion questions the effectiveness of capitalism in serving societal needs and the challenges posed by income inequality and corporate practices.