[lbo-talk] question for DanDav - or anyone else?

Doug Henwood dhenwood at panix.com
Sat May 14 08:15:32 PDT 2005


Seth Ackerman wrote:


>The question isn't why some workers are seeing their productivity
>falling. The question is - why is (total) labor productivity
>*rising* yet (total) wages *aren't* rising? Mismatched skills,
>according to the mainstream, causes inequality *among* wage-earners.
>It doesn't cause capital to capture a higher share of national
>income.

It makes good sense if you think of productivity as the rate of exploitation. Both are up, and capital is pretty happy.

Doug



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