"leslie" wrote in message
...
Cub Driver ) wrote:
:
: How measured?
:
: Productivity is measured by the factors that measure productivity.
: Basically, you divide Gross National Product by hours worked, adjust
: for inflation, etc etc.
:

http://www.commondreams.org/views04/0412-13.htm
Exposing the Conservative Straw Man - "Productivity"

"Exposing the Conservative Straw Man - "Productivity"
by Thom Hartmann

[snip]

Conservatives don't want you to know this, and - even more
frenetically - are working to prevent any discussion of
"protectionist" tariffs on labor. Their main argument - a straw man -
is that "productivity" is responsible for the loss of American jobs,

That's interesting, consider that's not the arguments I've heard.

not a fundamental realignment in the rules of the game of business
starting in the Reagan era and climaxing with NAFTA and GATT/WTO.

[rest of brushed off version of Marx's "Labor Theory of Value" snipped.