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I think a lot of it has to do with who benefits most from efficiency and where that benefit is allocated after. For example, if I'm expected to work a 40 hour
by dave_sullivan 14y ago
I think a lot of it has to do with who benefits most from efficiency and where that benefit is allocated after.
For example, if I'm expected to work a 40 hour work week but I figure out a way that everyone at the company with my job can do their job twice as fast, I don't suddenly get to work 20 hours a week and get paid the same--I get half the other employees fired because the company doesn't need them anymore--and maybe I get a pat on the back and some extra paid vacation.
The company gets a tremendous benefit, they take that money and invest it in software and robots that will help eliminate more jobs and make a small startup's founders rich in the process. The people that got laid off take whatever money they happen to have (which is probably a negative value) and try to get another job in a similar scenario and continue the cycle of being expected to do "more with less"
And what do people do with their savings if they're lucky enough to have managed to save something sizable? They buy houses, cars, TVs, and other stuff that has little likelihood of building more wealth.
I don't think anyone designed it this way on purpose, it just works out this way and will continue to until people start building value for themselves and escape from 9-5 prison (or 8-6 since no one actually works 40 hours anymore, or 7-7 if you include a decent commute)