Interesting graph shared by Caitlin Johnstone showing that hourly pay for workers [adjusted for inflation] basically flatlined after the early 1970s, while productivity continued to climb.
Her comment: "The dark blue line after 1973 is theft. They stole that money from their workers. But nothing happened, because capitalism legalizes theft from the working class by the capitalist class."
Too true!
@breadandcircuses @Caitoz
I’m disgusted with the manipulation of the authors of this graph.
They are comparing the mean to the median, of, even not every worker, but some part of them, “traditional blue collars”
which decrease since 70’…
More than half of this “disconnection” is clearly a lie, the second part is about growing inequality. Which is catastrophically bad, but we do not have to lie to show or prove that.
