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View Diary: Don't think class war from above is real? Check out productivity and wage growth since 1973 (99 comments)

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  •  But there remains a market for both products (3+ / 0-)
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    zaka1, elwior, walkshills

    even if the market for more expensive (but material and labor standards) products is smaller, it still exists.

    Why is more productivity relative to end product not in the equation?

    "I like paying taxes...with them, I buy Civilization" -- me

    by Angie in WA State on Thu Mar 07, 2013 at 02:33:29 PM PST

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    •  I think because as (2+ / 0-)
      Recommended by:
      elwior, walkshills

      people's incomes shrank they needed cheaper goods to compensate for their money not going as far as it once did.  I can honestly say that the quality of many goods today is much more inferior than it was thirty years ago.  I still have things that are old, but work better than goods made today.

      It all began with the outlet stores and now we are all shopping at the dollar store just twenty years later.

      "During times of universal deceit, telling the truth becomes a revolution­ary act. " George Orwell

      by zaka1 on Thu Mar 07, 2013 at 03:10:27 PM PST

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    •  Here's the difference though (2+ / 0-)
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      WillR, walkshills

      Machines are starting to make shoes of superior quality than even the cobbler, cheaper, more uniform, and with fewer defects.

      Nicer stuff isn't usually handmade anymore. It's just made with better materials and machines.

      (-5.50,-6.67): Left Libertarian
      Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

      by Sparhawk on Thu Mar 07, 2013 at 03:56:48 PM PST

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