Tag: John Maynard Keynes
What happened to the 15-hour workweek? Productivity gains went to the top 1%.
In 1930, the economist John Maynard Keynes predicted that technological change and productivity improvements would eventually lead to a 15-hour workweek. But, despite significant productivity gainsover the past few decades, we still work 40 hours a week on average. Keynes’s reasoning was that by producing more with less (also known as being more productive), all of our needs would be met ...
On the Future of Pointless Jobs, the 9-5 Work Day and the Robot Revolution
When we see the world through the lens of how things currently are, it is almost impossible to imagine things differently without in some way imparting some of the existing dynamics into the imagined future. Ask a random person on the street today why they work a nine to five job, and they will give ...
