The Income Gap
I fear that the market price of labor is declining, perhaps even in absolute terms.
I have never been a fan of the blue color but they always had something to offer that was broadly needed and they belonged to the economy thereby.
I have no solution to offer.
Minimum wage laws are counterproductive.
I have no proposal to fix the problem.
This describes some of Jaron Lanier’s thoughts which report a significant aspect of the problem and hints of a proposed solution.
Ted Nelson also has some ideas on the problem.
Some data are reported here.