> What is happening in the Western world (rise of inequality due to skills being prized higher owing to technological change) is very different to what happened in Russia.
Is this really the source of inequality in the Western world? Technological change leading to different desired skills seems like something that's been around long before our current inequality troubles. In any event, I thought average wage in the US hasn't risen since the 70s, before the information age. I would guess it's more a combination of several factors, perhaps the college no-college gap, changes in the finance world, and political changes.
Is this really the source of inequality in the Western world? Technological change leading to different desired skills seems like something that's been around long before our current inequality troubles. In any event, I thought average wage in the US hasn't risen since the 70s, before the information age. I would guess it's more a combination of several factors, perhaps the college no-college gap, changes in the finance world, and political changes.