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Why declining productivity and rising inequality won't be met with bold reform

💰 Why Declining Productivity And Rising Inequality Wont

Published by OOPSONLINE.IN · Source: ABC (Australian Broadcasting Corporation) · 1 min read · · Updated

What actually happened

Business used the collapse of unions to suppress wages and oligopoly power to increase prices. Expecting it now — using AI — to fix declining productivity, rising inequality, generational anger and political polarisation is fanciful.

Key points

  • Business used the collapse of unions to suppress wages and oligopoly power to increase prices.
  • Expecting it now — using AI — to fix declining productivity, rising inequality, generational anger and political polarisation is fanciful.

Summary based on data provided by ABC (Australian Broadcasting Corporation). Full article available at the original publisher.

  • #business
  • #declining
  • #productivity
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