> what has increased in value is the infrastructure of that allowed for the force multiplier. The actual value of labour thus goes down because it can be consumed so efficiently
The price of unskilled labour is objectively higher today than one hundred years ago, and it's clearly higher in developed countries in comparison with undeveloped ones. This is due to a myriad of factors. But to date, workers have done well by way of increasing productivity. (Others have done better.)
The price of unskilled labour is objectively higher today than one hundred years ago, and it's clearly higher in developed countries in comparison with undeveloped ones. This is due to a myriad of factors. But to date, workers have done well by way of increasing productivity. (Others have done better.)