We are in a Productivity Bubble

January 22, 2010 by Will Marre 

We are going through a productivity bubble. Large corporations are announcing their bloated earnings through Wall Street analysts this week. What has happened? Companies are making money by wide margins; wider margins than normal because they have laid off so many people. Productivity is four times higher than normal because so few employees are being paid to produce the revenue that companies are generating. In the end this is only exploitation.

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