Why Isn't the Globalization of Labor a Boon for Capital?

The video discusses the impact of technology on capital owners and workers, challenging the notion that technology solely benefits capital. It highlights the role of unions in the economy, noting that while they protect certain workers, they can also lead to lower wages for non-union members. The weakening of unions is seen as beneficial for non-union workers. Additionally, the video argues that technology often raises wages by increasing productivity, as seen in the construction industry.

In what ways has technology contributed to wage increases in the construction industry?

Why is it considered a mistake to view technology solely as a threat to workers?