Why is the UK seeing a record fall in workers’ wages?


A most interesting post as ever from Liberal Conspiracy. Though I have noticed from the graph that the other two big falls in real wages occurred soon after both World Wars so maybe the main reason for it is actually massive levels of debt? The big difference being how the debt was created. Imperialism/Fascism/Neoliberalism?

Why is the UK seeing a record fall in workers’ wages? | Liberal Conspiracy


Comments

Syb FromtheMoon said…
Further investigation of the Graph shows that the big dips in the 1800's coincide with the Indian Mutiny, the Afghanistan/Zulu/1st Boer War and then the 2nd Boer War...

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