And luddites were right because pre-industrial level of worker compensation, in ... | Hacker News

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		anovikov on July 31, 2021 \| parent \| context \| favorite \| on: 1 out of every 153 American workers is an Amazon e... And luddites were right because pre-industrial level of worker compensation, in real terms, was only achieved by the early XX century.

scoopertrooper on July 31, 2021 [–]

Actually compensation for most workers went up dramatically from the outset of the industrial revolution. There just wasn't that much wealth to go around prior to industrialisation.

http://nws-sa.com/rr/Inequality/Lindert.pdf

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