Tayledras on Nostr: https://bigthink.com/the-present/work-less/ We can produce more stuff with less ...
https://bigthink.com/the-present/work-less/
We can produce more stuff with less labor. So why are we still working?
If we wanted to produce as much as Keynes’s countrymen did in the 1930s, we wouldn’t need everyone to work even 15 hours per week. If you adjust for increases in labour productivity, it could be done in seven or eight hours, 10 in Japan (see graph below). These increases in productivity come from a century of automation and technological advances.
#Labor #Capitalism #Greed
We can produce more stuff with less labor. So why are we still working?
If we wanted to produce as much as Keynes’s countrymen did in the 1930s, we wouldn’t need everyone to work even 15 hours per week. If you adjust for increases in labour productivity, it could be done in seven or eight hours, 10 in Japan (see graph below). These increases in productivity come from a century of automation and technological advances.
#Labor #Capitalism #Greed