Capitalism Hits The Fan: The Global Economic Me... May 2026

: To maintain their standard of living despite flat wages, American families worked more hours and turned to massive borrowing.

: The gap between stagnant wages and rising productivity translated into record-breaking corporate profits. Capitalism Hits the Fan: The Global Economic Me...

: While worker productivity continued to climb, real wages flattened. : To maintain their standard of living despite

: 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 real wages flattened. : Ironically