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I'm guessing quality of life has increased faster than wages.
By what scale? Medieval peasants only had to pay 10% in taxes and got sooooo much free time. Technology even today is still bad for us, but nature and free time? Come on, what's the point of having all these gadgets and what not if we don't have the time to use them, and they're all run by faceless corporations who make things as addictive and monetized as possible?
Productivity. That's what you want to compare to wages, and it has definitely increased faster than wages, so why aren't the workers being paid proportionately to their increased productivity?
Productivity improves the value of the basket of goods that we all consume.
...uh okay?
So back to my questions, by what scale?
Care to have a conversation and not just repeat random excerpts you read from a textbook?
So tell me, how exactly are we expected to consume all those goods in that basket that are used to measure inflation, when we are not paid in proportion to our increased productivity? Do those goods just pay for themselves with wages we do not receive?
I'm just sharing my experience. I don't have any data to back up my statements, sorry.
Experience? If you say so, again just sounds like you're quoting a textbook.
If you're referring to experience all the way back to your quality of life comment, how old are you? Quality of life has definitely dropped since baby boomers were in their 20s and 30s and 40s
Sure we have netflix, we're all interconnected and have instant access to information on the internet, but we can't raise a family on a single income, we can't pay off college or university with a single year of a summer job
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.