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: While worker productivity continued to climb, real wages flattened.
: The gap between stagnant wages and rising productivity translated into record-breaking corporate profits. Capitalism Hits the Fan: The Global Economic Me...
: Ironically, the very profits gained by keeping wages low were then lent back to the workers (via credit cards and mortgages) with interest, creating a "house of credit cards" that eventually collapsed in 2008. Why Regulation and Bailouts Fail : While worker productivity continued to climb, real