People unfamiliar with Baumol’s Cost Disease will be very confused at the highly paid humans in fairly low productivity jobs if returns to capital moon.
nic carter
nic carter15.8. klo 02.40
everyone I know believes we have a few years max until the value of labor totally collapses and capital accretes to owners on a runaway loop - basically marx' worst nightmare/fantasy. this is the permanent underclass thing. and everyone I know subscribes to it
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