I'm just sharing my experience. I don't have any data to back up my statements, sorry.
meowthschwitz
joined 1 year ago
Productivity improves the value of the basket of goods that we all consume.
I'm guessing quality of life has increased faster than wages.
What textbook? I'm just some guy on the Internet.
In what way has quality of life dropped? We wouldn't be having this conversation 10 years ago. I enjoy being able to experience an open source platform such as Lemmy, from my smartphone while getting drunk and lounging about at home. I couldn't have done that without advancements in technology. I feel like that improves my quality of life at no cost. An example of how my life is improved, regardless of wages.
I'm paying devils advocate. I'm all for wages increasing for the average person. I just want people the feel happy for all the amazing things we have in our modern world.