AfonsoAlves
Full Member
- Joined
- Jul 16, 2023
- Messages
- 2,108
And where do you have evidence for that?
The Economic Policy Institute reports an increase in hourly productivity (not UK-specific unfortunately) of 65% between 1979 and 2022.
So people are producing more.
Companies are taking in massive profits as it is, and my first point is reaching the ‘critical mass’ where it’s causing illness and (somewhat) push-back.
So we then come back to ‘we can’t squeeze more out of the workers we have, we need more workers’
My word, that has to be the most disingenous claim I have ever seem regarding UK productivity growth. Hey, let's expand the timeline to so far so that the past two decades of nullified negative growth due to inflation is hidden! UK productivity growth is skyrocketing....it increased 1000000% from 1066 to 2024!
Here is the UK data. There has been negative growth due to inflation.
Regarding more workers, yeah rather than upskilling the existing population for higher productivity per capita, lets just bring in via mass immigration! This viewpoint is asinine.