A Boring Dystopia

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The world we live in isn't just dystopic, it isn't just stupid, trying to describe all the ways it sucks just makes for a really boring story.

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Economists agree: You’re not crazy for feeling like the rich get richer, and the poor are doing worse. Welcome to the ‘K-shaped economy’ (fortune.com)

submitted 4 months ago by throws_lemy@reddthat.com to c/aboringdystopia@mander.xyz

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[–] OctopusNemeses@lemmy.world 44 points 4 months ago (1 children)

They're allergic to talking about wealth tax. The thing that will actually fix this.

Zandi argued that progress depends on both structural and cyclical forces: raising productivity through education, broad-based jobs creation

As usual the solution is for individuals to make more money than others. Just keep perpetuating the problem.

[–] timbuck2themoon@sh.itjust.works 10 points 4 months ago

Productivity has risen in spades since the 80s with no corresponding wage increase. There's zero reason to believe being yet more productive would change that.