> Increased productivity is in fact a _requirement_ for wages to go up
No it isn't. This is an extremely naive understanding of how any of this works
You even say it yourself, with the silly graph you keep posting
That graph doesn't show productivity it just shows "real inflation adjusted wages", like you keep harping on about.
But in general a person is not increasing their productivity year over year. So why would their wage go up to match inflation if, as you say, wages only go up when productivity increases? That doesn't make sense
The reality is that people already provide their employers with vastly more productivity than they are paid for. Their employers are capturing the majority of the value from that productivity. If someone's wage goes up to match inflation, their productivity hasn't increased, inflation has increase the value of their current productivity
You seriously don't seem to understand how any of this works
Given that economists almost universally agree with me, I'm going to have to suggest that it is in fact you who don't know know how any of this works.
You keep shifting the goal posts, you keep talking about unrelated things, and you keep not addressing the core claims, and you keep not responding to the main refutation of your own original claim. I'm done beating my head against this wall. I hope you have a nice day.
> Given that economists almost universally agree with me
I'm amazed you've found that all economists that can universally agree on anything. Economists don't know how any of this works either. Economics is not a science, and you can find data to support basically an unlimited number of arguments.
No it isn't. This is an extremely naive understanding of how any of this works
You even say it yourself, with the silly graph you keep posting
That graph doesn't show productivity it just shows "real inflation adjusted wages", like you keep harping on about.
But in general a person is not increasing their productivity year over year. So why would their wage go up to match inflation if, as you say, wages only go up when productivity increases? That doesn't make sense
The reality is that people already provide their employers with vastly more productivity than they are paid for. Their employers are capturing the majority of the value from that productivity. If someone's wage goes up to match inflation, their productivity hasn't increased, inflation has increase the value of their current productivity
You seriously don't seem to understand how any of this works