this post was submitted on 04 Apr 2024
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It's curious. Canada's richest are getting richer by the second, so their workforce is more than productive.
So why is it that very few of those workers can even afford to live or eat? Why become MORE "productive" if it gets you nothing?
Our economy is not sustainable under the current, capitalist scheme.
Yeah, the definition of "Productive" is all sorts of wacky when you consider that, by the numbers, the people doing high-frequency stock trading are some of the most "productive" people on the planet, because they manage to hoard so much money to themselves.
Meanwhile, the people actually providing goods and services that make people's lives better and create new things, those people are "unproductive", because they don't get filthy rich off their honest work.
The real reason we are not "productive" is that foreign investors are paying us to do the hard work of extracting resources (lumber, ore), or generating new research (we have MANY top universities), but then demanding that the money made from refining those resources or selling those idea goes to them, in other nations (typically the US or China)