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Japan's October industrial output rises 1%

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Japan's October industrial output rises 1%

In Japan and worldwide productivity has steadily increased for decades while wages have stagnated.

Coinciding with neo-liberal Reaganism, Thatcherism, Abenomics and corporate tax cuts and deregulation, deuninionization, and more precarity for labor and shrinking of the share of gains going to labor, instead redirected to rentier shareholders.

https://www.epi.org/productivity-pay-gap/

Funny innit.

1 ( +2 / -1 )

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