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That's easy to say for someone with a good income. For a lot of people wages go down while cost of living goes up.
> That's easy to say for someone with a good income. For a lot of people wages go down while cost of living goes up. Bullshit. Technology brings down the cost of living by making the supply side more efficient. What goes up is the cost of the way you'd like to live as you have more options to choose from. Obviously there's disruptions along the way (ex: automobiles lessen demand for horse breeders) but when capitalis…
The "efficiency" increases in recent years have more often than not been various ways of cutting labor costs. It doesn't matter if things are cheaper in a nominal sense if your ability to earn a living is eroded.