X @Nick Szabo

Globalization over the last several decades has rerouted vast cash flows from workers, facing global competition, to corporations and their stockholders, who have seen no increase in competition.Robert (infra 🏛️⌛️) (@infraa_):The average hourly wage is $31/hrIf wages had kept pace with GDP growth since 1971, the average hourly wage would be $104/hrIf wages had kept pace with the stock market since 1971, the average hourly wage would be $283/hr https://t.co/CO9WZOcj83 ...