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Pay and Production are no longer related for most workers - So Production can be cut, without lowering pay for most workers.
(assets.chaos.social)
Image found here: https://chaos.social/@mathowie@xoxo.zone/113244489942388584
Switzerland is one of the few countries where this graph hasn’t strayed. I wonder if it is because how strong apprenticeship and manual jobs are valued in our culture?
Germany has a pretty similar apprenticeship system to Switzerland, but a massive gap.
Maybe the salary increases of the boses of the companies registered in our tax haven cantons are artificially closing the gap.