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> And beyond that we can see that increases of productivity has not led to increase of leisure time, maybe the opposite. Something that is often overlooked whe
by ml_basics 4y ago
> And beyond that we can see that increases of productivity has not led to increase of leisure time, maybe the opposite.
Something that is often overlooked when this is debated is the fact that people are living longer, but not retiring much later. Combined with the fact that people generally start working later due to longer studies, taking the long view over a full life time, I think we are experiencing a decrease in the fraction of time spent working.
Example with rough-and-ready numbers: 100 years ago, the median male in the UK might have started working aged 14, worked until 65, and died shortly after. In contrast, today they might start working aged 20, retire at 65, and live until 80.