>much of the increased productivity has ended up in the hands of a select few.
I do agree that wealth is not distributed particularly fairly but I don't understand the idea that it's mostly going to a select few. There are almost 20 million more jobs in the US now than there were 20 years ago, that's a lot of productivity right there.
Amazon employs 1.4 million people. Bezos has spent maybe the equivalent to a couple of weeks worth of Amazon payroll so far in his life. His yacht was the equivalent of a few days, his wedding maybe one hour. That money didn't come from Amazon either, it came from people wanting to own Amazon.
Leaving aside whether that's fair or not, surely it means that most of the productivity and money is going to the employees?
What am I missing here? How was this better before, what has changed recently that makes this such a big talking point now?
I do agree that wealth is not distributed particularly fairly but I don't understand the idea that it's mostly going to a select few. There are almost 20 million more jobs in the US now than there were 20 years ago, that's a lot of productivity right there.
Amazon employs 1.4 million people. Bezos has spent maybe the equivalent to a couple of weeks worth of Amazon payroll so far in his life. His yacht was the equivalent of a few days, his wedding maybe one hour. That money didn't come from Amazon either, it came from people wanting to own Amazon.
Leaving aside whether that's fair or not, surely it means that most of the productivity and money is going to the employees?
What am I missing here? How was this better before, what has changed recently that makes this such a big talking point now?