/biz/ - Business & Finance

>>27642525
-women
-money printing

>>27642525
>Who is benefitting from the surplus productivity???
Anon I...

Poor people unironicallly.
You just don't see it, because the poor people don't live in your country.

>what are machines
>what are computers
>what are automated systems

>>27642525
Look up the gold standard. By crashing the economy with no survivors over 100 years, the bankers can transfer great wealth to themselves at the expense of the working man

>>27642525
Jews. You are a faggot if you disagree,

>>27642525
https://wtfhappenedin1971.com/

>>27642525
Unironically the Jewish mafia

>>27642525
>Who is benefitting from the surplus productivity???
>we literally have hundreds of billionares.

>>27642826
+

>>27642525
Women, the international poor, and billionaires.

>>27642525
probably because retards like you flooded the labor market with low IQ shitcunts in the name of diversity.

>>27642525
The free market got butchered because it can't defend itself from subversion despite what ancaps and lolberts would have you believe. The entire world is headed for state capitalism AKA bananna republic AKA the country is run to profit the ruling class. Buy LINK

>>27643234
>"DA SJWS TOOK ERR JEEERBSSS"
>*defends billionaires on facebook*

>>27642525
>Why have wages stopped increasing with productivity?
The dollar lost all intrinsic value in 1971, when it was depegged from Gold.
>Who is benefitting from the surplus productivity???
Bankers and CEOs mostly.

>>27643518
Billionaires are the ones importing millions of cheap workers. Doesn't mean we should tax them

>>27642826
If that were true than the Industrial revolution would have created a greater schism than what we have been witnessing for the past 40 years. It's not related to technology, anon.

>>27644888
>"DONT TAX DA POOR BILLIONAIRES THEY EARNED THAT MONEY"
you're the type of guy whos great great great great great grandfather probably let the nobles fuck his wife on the daily. Pure serfcuck mentality

>>27642525
Bretton Woods agreement ended early 70s. This meant Jews could now siphon off all the wealth of that productivity into their own pockets

>>27642525
Automatisation and Tech anon. Check how many employees Netflix/Google/Uber have and how much profit they make.

>>27642525
(((who))) indeed.

>my department at work has increased in sales by 13% per week in the last year
>this is an increase around 8k of profit
>we're still understaffed
Whoever is benefiting from this, it sure isn't anyone local to me.

>>27642790
Unironically this.

>>27642525
>Who is benefitting from the surplus productivity???
The rich get richer the poor stay poor.

>>27645184
>technology improves
>need less workers
>more workers in labor market
>allow women to work
>more workers in labor market
>import millions of shitskins
>more workers in labor market
Honestly surprised wages haven’t been depressed even further. Also, jews :^)

>>27642525
>Gold standard
>Grifters

>>27642690
/thread, its literally a chart of when we got off the gold standard

>>27645400
you will never be a woman

>>27645184
>It's not related to technology
actually what?

>>27642525
Many things, for one: labor market refused to adjust based on inflation once the dollar was removed from the gold standard. Just look at the chart where the flat line started.

>>27642826

This. Zoomers forget that people used to have to use typewriters, punch holes into scantrons and feed them into a machine, organize rolodexes, etc.

But even ignoring that, algorithms get more sophisticated, there are people who specialize entirely into productivity, workflows get refined after decades of trial and error. Employees haven't magically gotten better and harder working over a 40 year period

>>27647327
Actually what, what? Like I said, industrial revolution did not decrease wages/compensation - productivity was matched because magnates understood it was necessary. T

his whole bullshit spews from jewish pratices, like the other anon who replied to me said (women enter the labour market, globalization, etc).

Technology would actually improve your life - less time to build houses, less time to produce essencial stuff, etc, allowing you to keep more while working less.

>>27642525
>Why have wages stopped increasing with productivity?
Jews
>Who is benefitting from the surplus productivity???
Jews

>>27642525
Gold standard btfo
>>27642902
That's a fat redpill

>>27642525
Bootlicker mentality

>>27642525
Jews.

unironically bootstraps

>>27645400
preventing importing of cheap labor while also providing some other incentive (probably some tax shit) for companies to stay would just as well no?

Let this thread once again remind you:

JOOOOS conspiracy is just class consciousness for retards

>>27649404
You're both dumb and the answer is currency debasement by divorcing it from a stable value item.

>>27649832
would it be possible to re-couple USD with gold? i wonder what the effects of that would be

Imagine being a boomer in the 80s absolute dumbshit 79 IQ but willing to move boxes around for 8 hours straight. Overseas manufacturing hasn't picked up yet and currently no robots move boxes very well. So they have to pay you $25 an hour inflation adjusted just for being able bodied human

The answer is because we got off the gold standard in 1971.

https://wtfhappenedin1971.com/


Literally all of this is the fault of central banks and government intervention.

>>27650172
It's possible but the effect is massive deflation. With serious consequence
Problem is once we couple it again we need to deal with all this shit we can only handle because we control the currency. Like $23 Tn of debt, inflated CPI, inflated asset prices, balance of trade. It would shock the shit out of everything and probably cause a depression
Then moving forward from that we wouldn't be able to manipulate the economy as well anymore and would experience actual booms and busts

>>27642525
I don't mean to sound like a Nazi, but...

>>27642525
the same people with jobs who also don't have to pay higher and higher prices for all the garbage ass stuff they want

>>27647075
>>27650519
>>27649115
>>27647566
Based and Ron Paul pilled

>>27642525
>machines do all the work
>reeeee where's my money
I actually agree though

>>27649512
>class consciousness

Ok, and what is the racial/ethnic composition of the "elite" class?

"Class warfare" conspiracy is just Jew consciousness for atheists and de-racinated goyim.

>>27651281
>machines do all the work
That's a funny way to spell chink.

>>27642773
not WAGIES, as clearly seen on the graph
who did profit? NEETs, bums, niggers, mental patients, investors and multi billionaires. everyone who is not a WAGIE.

>>27642525
Capitalists. Not the dirty peasant wannabe millionaires on /biz/ and wsb, but the top hat wearing, cigar smoking billionaires who make their living off the backs of others.

>he doesn't (((KNOW)))

>>27642525
Ted Kazcynski knew

>>27642690
Mostly Jews and the welfare shitskins

>>27651415
mathematically retarded /pol/faggot detected. Would you rather swap your bank account with a randomly selected Jew or a randomly selected rich person?

>>27652796
I've never met a poor Jew

>>27652796
Rich people don't keep their money in bank accounts. Most Jews probably don't either.

>>27642836
>Look up the gold standard
so why was the gold standard dropped off?

>>27653094
greed
https://www.youtube.com/watch?v=jvmcO5kseds

>>27653094
Because chaining your currency to a commodity is dumb

>>27649512
Stop falling victim to jewish ideologies

>>27653360
>Because chaining your currency to a commodity is dumb
why?
>>27653352
>greed
will it be reintroduced in your opinion? When and why?

>>27653059
>Rich people don't keep their money in bank accounts.
Then what... real estate, equities, bonds, other?

>>27653352
this guy looks peak inbred anglo

>>27642525
Because globalization meant that workers had to compete with workers from poorer countries that can do the same job for a fraction of the pay.

>>27654050
he looks alright, fucking brownie