normally one man using his bare hand can catch a fish each day another man sacrifices his daily fish to build a net the net works instead of one fish the man catches two fish
this leads to the man with net having an extra fish
with that extra fish, he can afford to employ boat builders and sushi chefs etc
Just raising wages does not raise productivity.
It just takes money away from assets that could be used to increase productivity.
that is where keynesian spend philosophy has got it wrong. they don't include the concept of productivity
