Quote:
Originally Posted by Alan
Complete bullshit. Look at the real world instead of just using rhetoric like an Austrian school capitalist.
Average wages keep decreasing while profits keep increasing, and more and more companies that didn't outsource their jobs still work under a structure in which all workers are rotated in less than a decade because it's cheaper and more efficient to hire and underpay unskilled workers who would settle for much less than they're worth, will adjust to their jobs in an analogous level to skilled workers in a couple of years, and will work under the fear of being fired rather than on the ambition of getting a raise based on seniority.
That right there is a huge profit for the company. It's one of the best methods to reduce costs. Why would they give a shit about the workers then?
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Your post doesn't prove to be true because the entire history of of the past 150 years supports my view. Worker wages are the highest they have ever been, a median American worker in the 50s had to work a substantial amount of time longer to purchase a burger than the median American worker does now. The history of economics simply doesn't support your views.