133. WTF Happened In 1971?
Alfalfa Podcast
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The Relationship Between Labor Labor Compensation and Productivity
Labor labor used to capture Gains and their own income in proportion sort of like proportionally once really yeah commensurate with like the Increases in product. And then that got gutted where like maybe labor was getting 20 or 30 cents on the dollar for every dollar Productivity gain so we've totally flipped the script in recent years. Do we know why that is? Um, I mean, it's a freaking good question. It seems very wrong but like I this problem is tricky right now.
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