memes.cjtrowbridge.com

Category: Leftism - Labor Theory of Value -> This Meme

llama-3.2-vision

The meme is a graph showing the relationship between productivity and average real earnings in the United States from 1970 to 2015. The graph shows that while productivity has increased significantly, average real earnings have actually decreased. The text in the image reads "In 1970, a worker making 50,000 in 1970 dollars is today making 73,000 in 2015 dollars, but the worker making 50,000 in 1970 dollars is making 35,000 in 2015 dollars."

first-seen

2023-05-10T21:03:35+00:00

tesseract

Productivity and average real earnings 250 8 $200 2 Major sector 8 productivity 2150 ; Lee 00 Penn ee z 2 £ , Real wages of goods-producing workers 50 45 55 65 75 85 95 05 source: BLS Year