| ▲ | anigbrowl 2 hours ago | |
The number of people in absolute poverty has shrunk, but the proportion of national income held by the wealthy has increased, so economic mobility is declining. There are many reasons for this, but typically deployment of technology is a capital expense and employers aim to realize all the gains from their investment, notwithstanding the upskilling and/or deskilling effect it has on workers, who are treated as fungible economic units rather than people. Nobody likes this except capitalists. | ||