There's a steep decline in pay compared to the value workers add to the economy, closely tracking the fall in union membership.
There's a steep decline in pay compared to the value workers add to the economy, closely tracking the fall in union membership.
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How much of the great decoupling is just due to big tech and the investment landscape around it?
considering this started in the 70s... no.
Big tech started before the 70s. IBM was founded in 1911. Hewlett-Packard in 1939. The 60s and 70s were when computers as a business tool (mainframes) really took off.
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