&gt; As a result of this upward redistribution, most workers have seen little improvement in living standards from the productivity gains over this period.<p>I believe this to be a myth caused by lamp-posting. The world is a much better place than it was 30 years ago, we just haven&#x27;t found the right way to quantify exactly how much value &#x27;high technology&#x27; has brought to their lives.<p>Measurable wealth might have been redistributed upwards, but everyone is still better off regardless. I&#x27;d rather be poor today than rich twenty years ago.