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I don't understand how you can expect to work less hours in a capitalist economy. Basically the whole point is to make money and if you're freeing up time that
by jhwhite 12y ago
I don't understand how you can expect to work less hours in a capitalist economy. Basically the whole point is to make money and if you're freeing up time that means you're more productive for other work.
If my job is to do a, b, and c and using technology I make it so I only have to spend time doing a, then an employer is going to find something for me to do. Could be busy work, could be letting someone go and giving me their job to save money.
If I don't they'll find someone else who will.
Technological advances that were suppose to help the employee work less, has only helped business run at lower operating costs.
- maerF0x0 12y agoOvertime the market (through price competition) ought to pass those savings onto consumers (ie the employee) . That is a form of increased compensation -- when your paycheck buys you more of what you want.
- tim333 12y agoTo do less work in a capitalist economy, own capital. Buy two houses, rent one live in the other, retire forever if so inclined.