VIDEO: Are Wages Stagnant Because Tech Firms Like Apple, Google & Facebook Have Replaced Worker Productivity With Technology Productivity?

This interesting video explains that while the world economy has recovered from the 2008 economic collapse, wages are still only growing at the rate of inflation; that is half of what they were growing before the Great Recession.  This is because the 80% of corporate profits are now concentrated in just 10% of companies and mostly those are tech giants.  The so called ‘superstar firms’ like Apple, Facebook and Google are advancing technology and intellectual property at a staggering rate.…