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Economist Dean Baker says the wage-productivity gap is real

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Manage episode 465693006 series 2712975
Content provided by Al Scott. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Al Scott or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode I am exploring the divergence between productivity and wages in western economies since 1970. This was covered in one of my first podcasts and is a striking failure of society that has derailed post-war successes and led to the current situation of inequity and unrest. It puts us in the strange position that robotics and AI are going to make the vast majority of the world poorer and further behind.

Dean Baker is the co-founder and a senior economist at the Center for Economic and Policy Research. He has written numerous books and articles. His most recent book is Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer.

Join The Rational View on Facebook

Follow me on YouTube

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203 episodes

Artwork
iconShare
 
Manage episode 465693006 series 2712975
Content provided by Al Scott. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Al Scott or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode I am exploring the divergence between productivity and wages in western economies since 1970. This was covered in one of my first podcasts and is a striking failure of society that has derailed post-war successes and led to the current situation of inequity and unrest. It puts us in the strange position that robotics and AI are going to make the vast majority of the world poorer and further behind.

Dean Baker is the co-founder and a senior economist at the Center for Economic and Policy Research. He has written numerous books and articles. His most recent book is Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer.

Join The Rational View on Facebook

Follow me on YouTube

  continue reading

203 episodes

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