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Productivity has increased substantially over the past few generations. Longer working time just captures more of that productivity for the benefit of the emplo
by close04 2y ago
Productivity has increased substantially over the past few generations. Longer working time just captures more of that productivity for the benefit of the employer. This is a continuation of another trend over the past generations, to have increased productivity over a much larger segment of the population (more women joined the workforce) and yet the benefits of this were mostly captured by the employers, at least in the countries where this was more thoroughly documented and didn’t suffer any upheaval or regime changes to influence the numbers (e.g. the US).