A minor point about the ratio of wage growth to price growth: as Tom Ferguson and Servaas Storm (of INET) have pointed out, income for much of the workforce have fallen because *hours* have fallen. But that adds impetus to the point about the numerator: we need not only to raise wages but address the abusive JIT work scheduling that is really hurting working people. That's not as easy to regulate, but changing ownership can get it done!
Thanks for the shoutout for Z School! 🦓❤️🤩
For sure!! Excited to see how it develops.
A minor point about the ratio of wage growth to price growth: as Tom Ferguson and Servaas Storm (of INET) have pointed out, income for much of the workforce have fallen because *hours* have fallen. But that adds impetus to the point about the numerator: we need not only to raise wages but address the abusive JIT work scheduling that is really hurting working people. That's not as easy to regulate, but changing ownership can get it done!