Many workers have good reasons to be frustrated. Since the 1970s, they have been trapped in low-wage jobs, while widening income and wealth gaps between rich and poor have fueled social discontent.
This stagnation is rooted in complex economic dynamics. Addressing it requires a clear, well-reasoned approach—starting with the rejection of unrealistic regulatory fixes. From there, the priority should be building a strong economic foundation to identify and implement practical, effective solutions.
Waiting for technology to boost the economy and wages?
Today, technology is viewed as a key driver of economic improvement. Innovations could lower costs, improve profitability, create jobs, and—if adopted quickly enough—stimulate economic growth while raising wages for low-income workers.
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Given that wage recovery hinges on uncertain technological breakthroughs, the final section references The Green-Market System, which outlines a monetary strategy designed to encourage consumers and businesses to accelerate money circulation and boost their earnings.
Vincent Lannoye was born in the US and grew up in Belgium in an industrial family, which sparked his curiosity to analyze and critique economics and politics. An engineer with an MBA from Edhec France, today he works in high-tech in Silicon Valley. His past, his passion for history, the lack of works explaining money and banks, and his monetary ideas, all have inspired him to write about economics.