alt Hacker News> This is a bad deal. Capital makes the marginal worker more productive, not less.
Why should workers care about being more productive if they do not reap the rewards in terms of wages?
https://en.wikipedia.org/wiki/Decoupling_of_wages_from_produ...
Replies
tt24 • yesterday at 6:43 PM
This concept has been thoroughly debunked. Wages and productivity track each other very very well.
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Total compensation involves more than just wages. Providing benefits such as healthcare coverage is inherently expensive, since productivity gains in healthcare have been limited.