Comment by arm64future

I'm sure you have seen the graph showing productivity increases aligned with incomes suddenly diverging in the 70's and incomes flat lining while productivity continued to increase linearly. Given the stark change, I don't think it was necessarily due to increased global competition. Where did the money that would have gone to improve salaries end up going? Having incomes flat line for the middle class for the last 40 years is not a good sign. Perhaps the money has gone to the billionaire class, but I am not sure. What is your take on that.