The single biggest difference between our high growth economy in the mid 20th century and our slower growth economy of post 1980 is that work was governed more democratically back then.
Until the other day I considered this one of many important factors, part of a larger story. But it is much clearer to me now the difference between have many unions together running industry vs only really having shareholders and owners.
You're really mixing up growth and distribution, there. The two have nothing to do with each other.
On distribution, yes, sure. Like, wages have stagnated since the 80's.
I wonder if the GME and AMC cults, over time as they buy/DRS the floats, will eventually grow into some weird larger decentralized but ideological social organism and spread into other domains.
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