Broke Wave
The GOAT
Also people talk about workers not reaping the benefit of productivity.... being that the same skill levels are needed to work at McDonalds today as they were 50 years ago, I'm gonna wager that the increases in productivity came from the technology they use and the logistical improvements to their supply chain. All of which were funded by shareholders and designed/executed by management + executives + consultants. A McDonalds worker today is not more productive because they are so much smarter or more skilled, its still a job that literally anybody could do. You can get a lot more done with a typewriter than a pen and paper, doesn't make you inherently more productive/valuable.
Well your "wager" was totally incorrect
Do you fellate the rich and powerful in real life or is this just an online persona that you try your best to keep up? Trying to connect the McDonalds worker to the overall increase in productivity and its relationship to wage stagnation is a nice trick friend, but it will not fly as a factual representation of the labour market. If the relationship between investment and productivity was so linear, then why was the last oil refinery in America built in the 1970's, despite Oil being one of the most heavily invested in industries?
Before you take a condescending tone with others, I suggest you thoroughly understand the relationships between labour, prices and investment, and see that it is anything but linear. Maybe if your vocabulary included words such as "Labour Intensive" or "Capital Intensive" you would get a grasp as to why different industries have different outcomes with regards to productivity levels historically and wages. Maybe.

my nikka, if you don't swim you will drown. fukk what you talking about. Rent is due, either you got it or you don't, mcdonald's corporation doesn't give a fukk either way.









