This concept has been thoroughly debunked. Wages and productivity track each other very very well.
That has not been true since the early 70s. Increases in productivity are multiples of the increase in wages since then.
World Economic Forum: https://www.weforum.org/stories/2020/11/productivity-workfor...
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That has not been true since the early 70s. Increases in productivity are multiples of the increase in wages since then.
World Economic Forum: https://www.weforum.org/stories/2020/11/productivity-workfor...