3 ms·
Here is a really neat look at a historical analogue: http://www.context.org/iclib/ic37/hunnicut/ http://www.context.org/iclib/ic37/hunnicut/ Kellogg at one po
by bloaf 14y ago
Here is a really neat look at a historical analogue:
http://www.context.org/iclib/ic37/hunnicut/ http://www.context.org/iclib/ic37/hunnicut/
Kellogg at one point realized they didn't need very many people-hours to produce their cereal, so they opted to move to 6 hour shifts 4 days a week. The point is that you don't have to cut jobs, you can cut hours. The side effect is that those workers have more time for their family and leisure activities. Since leisure is the basis of culture, such an arrangement would be helpful to society as a whole, even if the workers had to take an overall pay cut.
- maxerickson 14y agoI wonder what increased automation has done to the people hours since then.
- jfoster 14y agoIn such a situation you can cut hours, but you can also cut pay rate. Eventually both. The end result is surely economic contraction. The masses will not be able to continue paying the same amounts for the luxuries they currently enjoy, but the newly found efficiencies might enable lower price points.