Where’s my twenty hour work week?
In the sixties futurists were predicting that by the year two thousand our average work week would be down to around twenty hours and by twenty ten it would be down to about fifteen hours a week.
What went wrong?
How come these brilliant people were so wrong?
They did not calculate the sheer greed of the super rich. They imagined that the huge productivity increase would be shared equally between all Americans.
However, the futurists were not wrong in predicting the huge productivity increase. The cake has become much much larger. The proportion of the cake getting to the rest of us (all other than the top one percent) has diminished. So we (those of us lucky enough to have jobs) work fifty sixty hours a week getting paid for forty as we are lucky enough to be exempt.
In the meanwhile we are brain washed to consume more and more so that we owe more to the usurious banks who are getting money from the government at less than a quarter percent and lending it at more than eighteen to credit card holders.
Where are our religious leaders to talk about greed and usury?
Where are our business schools in teaching a little ethics?
Where are our political leaders – ok we know, they are giving money to the crooked super rich. They are supporting welfare capitalism where loss is socialized and shared by the rest of us and gain goes to the super greedy.
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Think about it: If the huge increase in productivity and hence wealth since the sixties had been shared equally there would be enough jobs for everyone (working those promised twent hour work weeks). We would not be in a recession (or is it depression in reality as far as jobs are concerned).
Think about it if most of the wealth of the world was not wasted in wars, stealing money from the rest of us (using the stock market as a rigged casino), making unneeded expensive drugs, unsafe cars and so on….
Think about it if the wealth of the Earth (mostly human ingenuity) was not wasted, we could have heaven on Earth in a very short time.
More, much more to follow….
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Reader Comments
As a piece of synchronicity today it was announced that the worker’s productivity went up by ten percent in the last three months. So what happens people have to work harder and longer for maybe less money.
It’s just interesting that on the day I write about how the corporations do not share in the productivity increase proof comes that they do not share such productivity increase.
How does it go:
“Workers of the world unite – you have nothing to loose but your chains.”