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Wednesday, December 2, 2020

Wages for the top 1% skyrocketed 160% since 1979 while the share of wages for the bottom 90% shrunk — Lawrence Mishel and Jori Kandra

Just deserts based on marginal contribution or institutional bias?

Economic Policy Institute
Wages for the top 1% skyrocketed 160% since 1979 while the share of wages for the bottom 90% shrunk: Time to remake wage pattern with economic policies that generate robust wage-growth for vast majority
Lawrence Mishel and Jori Kandra
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6 comments:

  1. Andrew AndersonDecember 2, 2020 at 1:39 PM

    Just deserts based on marginal contribution ...? Tom Hickey

    How is it justice that jobs are automated, de-skilled or outsourced away with the PUBLIC'S (including the worker victims') CREDIT but for private gain?

    ReplyDelete
  2. Andrew AndersonDecember 2, 2020 at 4:10 PM

    ... or institutional bias? ibid

    Government privileges for private credit creation favor the richer, the more so-called "credit worthy", at the expense of the poorer, the less so-called "credit worthy."

    ReplyDelete
  3. Matt FrankoDecember 3, 2020 at 7:11 AM

    All this shows is that the dynamic range of compensation has increased over this time period..., so what?

    ReplyDelete
  4. Matt FrankoDecember 3, 2020 at 7:12 AM

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

    ReplyDelete
  5. Peter PanDecember 4, 2020 at 12:12 AM

    Desensitized – What American Dream?
    https://youtu.be/aPE6HJevX5Q

    ReplyDelete
  6. Peter PanDecember 5, 2020 at 10:51 PM

    Desensitized: Shock Doctrine and Destructive Capitalism
    https://youtu.be/cpuLkdcBlpo

    ReplyDelete