Stryder Notavi on Nostr: I wonder if part of the problem is that lobbyists have managed to reframe ...

I wonder if part of the problem is that lobbyists have managed to reframe productivity as something that governments deliver through policy, when really the cause of productivity is businesses spending on capital upgrades.

Something that they do less of when they start to secure economic rents through lobbying and other measures.

This article looks at an Australian context, but some of what's discussed is probably more broadly relevant: https://johnmenadue.com/the-real-truth-on-productivity-the-bosses-arent-trying-hard-enough/