[Michael R. Strain] Wages are based more on productivity, less on exploitation
Jan 2, 2020
“Workers are delivering more, and they’re getting a lot less,” argued former Vice President Joe Biden in a speech at the Brookings Institution this summer. “There’s no correlation now between productivity and wages.” Sen. Elizabeth Warren, a Democratic presidential rival, agrees. Her campaign website states that “wages have largely stagnated,” even though “worker productivity has risen steadily.” The claim that productivity no longer dr