If inflation effects the price of goods, why does it seem to not effect the price of labor?
If inflation effects the price of goods, why does it seem to not effect the price of labor?
Joshua Ortiz
Josiah Hall
yes coffee is good for you
Liam Lee
it does
havent you seen all the jews bitching about wages being too high
Caleb Jenkins
>why does it seem to not effect the price of labor?
It literally has. Businesses are overpaying on wages right now.
Xavier Hill
Liam Gomez
it does, but why it "seems" not to is when productive capacity of an individual laborer is enhanced by technology. we have had absolutely insane levels of productivity increase thanks to the technological revolution that started in the 1960s. i don't just mean spreadsheets and email, i mean everything from computers to farming equipment. tractors practically fuckin' drive and plant all by themselves.
machines make labor cheaper. they turn the idea of "coal mining" and "railroad engineer" from "i am going to die at age 27" to "i sit here in a steel box and push buttons but i can play games on my phone at least"
Mason Gray
a cup of coffee is not $1.85
Zachary Murphy
the game is rigged from the start
John Johnson
>i deserve the money
but that's just it. no, you don't. the tractor support people do.
learn to code.
Grayson Martinez
graph is bullshit fyi
files.stlouisfed.org
Easton Sullivan
Pls kys
Everyone's wages could and should be doubled and it literally wouldn't wouldn't affect the companies in any meaningful way.
>muh mom and pop
Fuck off nigger. They were never going to make it
Anthony Mitchell
It affects me and the cost that gets passed down to me. I don't care about the employees. Pay them less.
Noah Lewis
we lost. just wait until everyone gets to really understand what capitalism means.
Hunter Stewart
Because the two aren't necessarily correlated.
Hunter Hill
No whores posted yet, I'm proud of you fags
Zachary Bennett
I will answer your dubs with a 30 second musical number featuring Hugh Jackman and Robert Reich that answers your question:
youtu.be
If you need more, Professor Reich has made his lectures free on youtube as well: youtube.com
Pic also related despite dubious source. A broken clock is right twice a day
Josiah Bell
Pls kys you are not entitled to cheap goods. Just contribute more to society
Hunter Brown
They import scabs?
Logan Kelly
Libertarian apologism is bullshit btw
Isaac Anderson
Or maybe they can just be satisfied with lower profit margins, not buy a second/third/fourth mansion, and not risk a fucking communist revolution like short sighted retards by leaving the overwhelming majority of the population with no hope
Jack Foster
Globalization. /thread, r8ar8my post best post.
Adam Lee
because the working class keep voting for degenerate keynsians that inflate everything but openly talk about crashing the economy to prevent wage growth.