Cumulative percent change in wages and productivity since 1948
[Craig Axford]
SUMMARY: In spite of significant productivity gains in recent decades, wages have have remained largely stagnant. These gains have also translated into fewer workers to produce as much or more than they used to. Among the solutions the author asks us to consider as part of a more collaborative “sharing economy” is a universal basic income.
Arthur de Grave, “The Sharing Economy: Capitalism’s Last Stand?”, OUIShare, March 21, 2014
