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/biz/ - Business & Finance

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File: 63 KB, 719x518, U.S._Productivity_and_Real_Hourly_Compensation_(1948-2013).png [View same] [iqdb] [saucenao] [google]
8175385 No.8175385 [Reply] [Original]

Could someone explain the graph? Don't wan't to get into politics especially left, etc..., looking for more rational/scientific answer.

https://en.wikipedia.org/wiki/Personal_income_in_the_United_States

>> No.8175415

>>8175385

Greed. The rich get richer (those who don't have to work), the poor get poorer (those who do).

>> No.8175419

>>8175385
Women entered the workforce en masse

>> No.8175458
File: 247 KB, 1191x680, c-g01-eng.jpg [View same] [iqdb] [saucenao] [google]
8175458

>>8175385
This happens when you almost double the available workers.

>> No.8175471

Alot of the productivity growth is also generated by useless work for useless things, wich just exsists to drive profits.

>> No.8175494

>>8175419

Oh yeah. What happens when the supply of work doubles? Wages get cut in half...

>> No.8175496

>>8175385
Rightwing politics is rational

Leftwing politics is based on emotions

>> No.8175504

More women in the workforce
Immigration
Probably the two biggest causes
>Greed. The rich get richer (those who don't have to work)
kek you do realize that most business owners have to work 60+ hour weeks? You do realize that they employ people?

>> No.8175522

>>8175385
Every bad thing in this world can be rationally blamed on (((them)))

>> No.8175552
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8175552

>>8175385
the best part is once AI comes it'll be OVER for all you faggots below the 10%

>> No.8175565

>>8175552
People in IT will benefit so fucking massively from AI.