Capitalism Hits The Fan: The Global Economic Me... «iOS RELIABLE»

Wolff identifies the mid-1970s as a seismic shift in American economic history. For over a century prior, American workers' wages had risen alongside their productivity. However, starting in the 1970s, this relationship broke:

: To maintain their standard of living despite flat wages, American families worked more hours and turned to massive borrowing. Capitalism Hits the Fan: The Global Economic Me...

: While worker productivity continued to climb, real wages flattened. Wolff identifies the mid-1970s as a seismic shift