Damus
Emeritus Prof Christopher May profile picture
Emeritus Prof Christopher May
@Emeritus Prof Christopher May
As we know, workers in the UK are having difficulty with the cost of living while real wages are struggling to reach the level they were last at before the 2008 global financial crisis; many economists argue this is due to a lack of productivity growth & the general stagflation that characterises recent UK economic history....

Well I say that, but not quite all workers: in 2025 FTSE100 executives saw their pay rise (on average) by nearly a fifth;

so alright for some, eh?

#inequality
h/t FT
1
Nini · 2w
nostr:nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqg0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4mstcx9tq Productivity will always be limited if the results of increased productivity are more and more sucked upwards, let's just call it an engineered crisis.