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Increases in productivity could have been split between labor and capital, giving benefits to both. (Or even better, gone just to labor, but that would not be a “both lines go up” scenario.)
Not necessarily.
Increases in productivity could have been split between labor and capital, giving benefits to both. (Or even better, gone just to labor, but that would not be a “both lines go up” scenario.)
Yes. I was referring to how capitalism tended to have worked in the past decade or so, and not to how to actually make the line go up.
E: autocorrect