No doubt the rich have been getting richer, at the expense of the rest of society, and this is getting worse as they accrue ever more power to control the government decisions that really count.
But you can't really calculate this transfer of wealth in the way they do it in this article. You can't simply change one parameter and pretend that the only thing that would have happened is that wages would be radically higher, for example.
Radically higher wages would have numerous effects. Many companies wouldn't have been able to remain profitable. Other would have been more profitable because they would have more customers. It's impossible to say exactly what the net effect would be.
But you can't really calculate this transfer of wealth in the way they do it in this article. You can't simply change one parameter and pretend that the only thing that would have happened is that wages would be radically higher, for example.
Radically higher wages would have numerous effects. Many companies wouldn't have been able to remain profitable. Other would have been more profitable because they would have more customers. It's impossible to say exactly what the net effect would be.