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Demand for human labor is declining, and as a result, wages are declining.
Which is precisely why wages shouldn’t be decided through market mechanisms
Or maybe we get rid of the “wages = living” bit.
We could all negotiate for the full value of our labor a lot better if we didn’t have a noose around our neck forcing us to work.
I have nothing in principle against people earning a living through dignified, honest, collective labor, with the basics being guaranteed such as housing, healthcare, education, nutrition, energy and a few others.
But that’s socialism!
Yes, I’m what you would call a communist. Or a tankie, depending on your mood!