Possibly starting to drift off topic. However 11 hours is now the same production as 40 in 1950
Productivity and the Workweek - shorter hours
If we had kept the same levels of productivity and reduced hours, then we would be on 11 hour work weeks. With a possible drop in unemployment if we had decided to keep the companies going 40 hours a week then the Jetsons four hour day is not far off the mark (since the wife didn't work) George was doing two full time jobs in his society, no wonder he complained so much!
Interesting but perhaps irrelevant until your looking for employees.
I can quickly explain this 'phenomenon'.
People might be capable of producing more but they are in reality producing less. What does it mean? If you are 'producing' excel spreadsheets or powerpoint presentations then you aren't probably producing much. I work for a big company and the time and money wasted here go into quintillion dollars/euros etc... spend on unnecessary meetings, projects, services, products, building bureaucracy etc...
You need to ask yourself - what part of your 'job' is adding real value?
Secondly the FED is printing FED notes with the speed of light and the currency has already lost 97% of its value already since the inception (1913). The wage/salary increases haven't followed as fast because the freshly printed currency is captured firstly by the person standing closest to the printer (and 'an average person' is at the bottom). So you need to work more for less...
yea it i can imagine and it frustrates me.
I may have found the fastlane path but I really feel bad for the rest.
I wish we could all be free, id rather be poor than be rich exploiting the ignorant.
but there's nothing i can do, this dynamic is fundamentally ingrained into modern society on every level.
I did that too but now I just look for people that share my point of view/way of thinking. It's a waste of time to try to convince someone...
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