There is a hell of a lot of BS conspiracy drivel on this thread but 'economist' Wolff takes the cake in many respects. The real reason real wages have declined since the 70s is because politicians, mostly but not exclusively of the left, have been printing money and wasting it.
how true,
and
What is also totally amazing, as West points out, is that we have yet to see one handcuffed perp-walk, when it comes to making these financial manipulators pay... with real, jail-time penalties... for the financial crimes they have indulged in, and continue to indulge in....
"never the twain shall meet" under the current system of capitalism