Daily reminder that the gap between wages and productivity (aka

so my compensation should be 30% higher, to match productivity?
I'll take it! when does that get implemented?

>>136537188
Why is your chart correct and the one they post not correct?

It's not a myth, every year fiat buys less and less of EVERY product, except fiat.

If you can pay me in gold, you can really pay me. financial (((products))) are simply not justifiable.

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>>136537188
>heritage.org

How to spot the right wing billionaire globalist shills

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>>136537868

Here's the chart people post. It's wrong because people have gotten paid in healthcare and benefits; there are also a few differences that were pointed out in a paper.

>>136538092

Garbage. You cite the statistics as a percent, not a number.

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>>136538424
the truth hurts you shills

>>136538424
>>136538140
>>136538092
>>136537188

>Posting absolute dogshit, kike/gop shill based charts and statistics

fuck off

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nice try faggot shill

>>136538140
Wrong
Government payments have filled the gap, isn't that right leaf?

>>136538912
LOL populists can't stand evidence that shatters their precious narrative.

ALL HAIL HEMISPHERIC COMMON MARKETS WITH FREE TRADE!!!!

>>136538140
healthcare costs exploded though

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>>136537188
make this thread again after "compensation" pays my rent and puts food on my table

>>136539198
>>healthcare costs exploded though
It's due to the third-party payer system that incorrectly responds to market price signals.

>>136539155
bahahahaha
#REKT

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>>136538725

nice try, commutard

see how it rises? this is because costs are outpacing productivity

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>>136537188

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>born in america
>work minimum wage job in 1960
>$1.25
>work a minimum wage job in 2017
>$8.50

>take the 5 quarters from 1960 and they melt into $21 of silver
>take the 34 quarters from 2017 and they melt into $1 silver

wages aren't a problem, its keynesian economic theory. its a jewish scam. you can't borrow for eternity.

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>>136539513

>>136539308
>Land value tax will make UBI possible

Gee, I wonder why Georgists are dismissed as cranks. Maybe it's because actual land rents are 2% of GDP and most land value is actually produced by local business activity.

>>136538725
>comparing average to median
epic

I heard in the past young people with "regular" jobs could afford housing a family in a safe neighborhood.

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>>136539636
>Gee, I wonder why Georgists are dismissed as cranks.

because its the only system that would truly end human suffering and the only one that wouldn't let the elite continue their dominance and unlike communism its actually worked in places its been applied

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>>136539636

What follows is a tutorial on how to end poverty, slash housing prices and generally end all human misery with a few keyboard strokes ...

Any government that is too lazy to delve into the economics can simply replace their land titles as follows. I'm makin' it reeeaal easy.

Here's what modern land titles normally look like. Government, pay attention: These are the ones you DON'T want to use.

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>>136540319
Here's the correct kind. Replace your existing land titles with this template. Drink before reading; otherwise it'll make too much sense.

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>>136540812
part 2

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>>136540978
If the red makes you think, "But whaddabout the rental value of the building? Shouldn't we leave that to the landowner?" ...

No. Legitimate improvement expenses will simply lower the rent bidders will bid for the land title. They'll keep it from the start.

It's really not rocket science. landrent -> basicincome = humanright

>>136539970
What's that? You don't understand consensual contracts?

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>>136537188
The Heritage Foundation is just a mouthpiece for market fundamentalism. Your graph is using averages (realistically worthless) while >>136538140 is using median which will more accurately show the ordinary person. This is among other statistical manipulations The Heritage Foundation uses to reduce the difference.

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>>136541281
i understand just fine see >>136540812
>>136540978

>>136541315

The Heritage paper accounts for this gap by stating that higher-paid workers see faster productivity due to technology. That's perhaps also one of the sources for rising inequality lefties have been bitching about.

>Mean vs. Median Compensation. The fact that average productivity has risen with average compensation does not mean that employees face no economic challenges. Median compensation growth has not risen as quickly as average productivity—but this is not because employers have deprived workers of the fruits of their labor. Rather, in developed countries across the world high-skilled workers’ productivity has grown faster than that of less-skilled workers. Most economists attribute this phenomenon to “skill-biased technological change.”

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>>136539636
sir is it not true that taxation suppresses land rents?
with the abolition of all other taxes rents would rise?

If the price of access to land absorbs capacity to pay, any reduction in that capacity due to taxation is a reduction in the price of access to land. As John Locke (1691) explained,

It is in vain in a country whose great fund is land to hope to lay the publick charge of the Government on anything else; there at last it will terminate. The merchant (do what you can) will not bear it, the labourer cannot, and therefore the landholder must: and whether he were best to do it by laying it directly where it will at last settle, or by letting it come to him by the sinking of his rents,... let him consider.
He went on to assert that even where the great fund appeared to be trade, as in Holland, taxes on trade were borne by landowners.

This reasoning applies not only to the tax payments themselves, but also to the excess burden (or deadweight cost) — that is, the suppression of production as taxes cause otherwise viable ventures to become unviable. As Gaffney (2009) puts it, “All Taxes Come Out of Rents” (ATCOR), and “Excess Burdens Come Out of Rents” (EBCOR).

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>>136542130
Heritage plz fuck off with your shilling

>>136537188
>Not giving median compensation

You know that something like 90% of wage growth has gone strictly to the top 10% bracket? Most people have seen a rise in productivity with no concurrent rise in compensation

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>>136542468
>Heritage plz fuck off with your shilling
You have the wrong flag, fucking communist!

>>136541101
>muh right to moneeeys

No. A stable society requires that everybody put some skin in the game. Plus you can't have basic income and open borders.

>>136542130
Again, The Heritage Foundation is just a mouthpiece for market fundamentalism. The median compensation--reflective of the ordinary person--have barely budged in comparison to productivity increases. This is the point of the productivity vs. compensation discussion.

>but this is not because employers have deprived workers of the fruits of their labor
The discrepancy (and rather sudden detachment from the historical trend) is the natural result of labor arbitrage--which occurs from the implementation of market fundamentalist policy. Not the hand-waving dismissive excuse of "skills" which is really more of a non-sequitur.

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>>136542892
make a man king or owner of all the land it makes no difference as everyone is indebted to him

enjoy your serfdom and maybe read pic related and get up to speed on what property rights imply

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>>136542815
>Most people have seen a rise in productivity with no concurrent rise in compensation
What direct, personal evidence can you point out to me to confirm your assertion? What I see when I go to work is a bunch of lazy liberal fucks around me who are basically paid to jack off and support the union. It's pretty fucking hard to convince me their productivity has EVER increased since they were eight years old. So your task is as follows:
(1) Provide objective proof that people (not machines) have gotten more efficient instead of less. The increasing size of everyone's ass tends to refute this assumption.
(2) IF you can somehow establish number 1 above, show that the work-sector-compensated wages of the average worker, INCLUDING WELFARE, FOOD STAMPS, AND WORKER'S COMP have not matched their productivity increase.
I think you're fucked, personally.

>>136543262
Why do you even bother?
(((They))) will never allow the system to be changed in such a way that benefits the common man at their own expense.
Sounds interesting but a revolutionary tax reform just isn't ever happening.

>obamaleaf can't refute anything
>keeps stammering out the same things over and over
What a mentally ill freak

>>136543344
This.

>>136543344
See, the problem is that even if machines are responsible for productivity increases, the entire premise of productivity being at all beneficial is that the cost savings will either benefit workers through higher compensation or the cost savings will be passed along to consumers which have the same the same effect of boosting purchasing power. Neither of which seem to be occurring to any meaningful degree which implies that the productivity benefits are more or less being retained by companies (record corporate margins support this idea).

>>136544161
it has worked http://www.architectmagazine.com/practice/how-to-fight-wealth-inequality_o