How is global prosperity achieved? Business owners get all the profits of our labor and maybe some of it trickles down? Workers get “prosperous” on crumbs?
I’ll be expectantly awaiting for my prosperity in the mail.
Primarily global prosperity was achieved by higher productivity - the ability to do more with less work. Unions had very less to do for increasing productivity.
I’m not saying anything extreme because this is the academic consensus.
I understood it as "everyone being prosperous". You mean a few individual becoming insanely prosperous at the expense of everyone else. Then you're completely right.
Unions have definitely succeeded in redistributing prosperity though (e.g. negotiating for higher wages) and also reducing exploitation (e.g. fairer working conditions).
I meant this. Which one do you think was primarily responsible for prosperity? Unions or businesses/technology? It is by far and obviously businesses and technology.
You can't redistribute anything if you don't have the wealth to distribute it.