Daniel Davies wrote:
the productivity gains seemed to be very heavily weighted to retail and to financial services, which are the two sectors where it's most difficult to separate productivity and value-added. But as far as financial services is concerned, productivity has genuinely increased massively...
For a Marxist, this definitively exposes the "productivity gains" swindle: the "retail and financial services" sectors, which employ entirely unproductive labor (warehousing being better included under transportation than under retail) can have no productivity gains because they produce nothing (in the Marxian sense). Shane Mage "This cosmos did none of gods or men make, but it always was and is and shall be: an everlasting fire, kindling in measures and going out in measures." Herakleitos of Ephesos, fr. 30
