Immiseration thesis

Wages after the mid 1970s in the US stayed stable, while productivity massively increased.

In Marxist theory and Marxian economics, the immiseration thesis (also referred to as emiseration thesis) is derived from Karl Marx's analysis of economic development in capitalism, implying that the nature of capitalist production stabilizes real wages, reducing wage growth relative to total value creation in the economy, leading to worsening alienation in the workplace.

单词	Immiseration
释义	Immiseration 原声例句金钱地球 There is food insecurity and generally a immiseration of the Egyptian population, which was quite poor to begin with. 埃及人民本来就很穷，粮食不安全，普遍贫困。 2022 Soren 18期外刊小课程 The instant immiseration of a big economy is unprecedented and will cause alarm around the world. 这样一个大经济体在瞬间陷入困境是史无前例的，将在世界范围内引起恐慌。英语百科 Immiseration thesis In Marxist theory and Marxian economics, the immiseration thesis (also referred to as emiseration thesis) is derived from Karl Marx's analysis of economic development in capitalism, implying that the nature of capitalist production stabilizes real wages, reducing wage growth relative to total value creation in the economy, leading to worsening alienation in the workplace.
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