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by Matticus_Rex
2942 days ago
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I'm not anti-union per se, but I am familiar with the economics literature, and the 40-hour work week, minimum wage, and lack of child labor are artifacts of economic development. People don't want their kids to have to work, so when societies become wealthy enough that they don't have to, they stop sending their kids to work, and around that time manage to also ban child labor (which has little effect at this point in the development of societies, and some of the effect it has is negative). Same with the 40-hour work week (and again, some of the effects of enshrining this in law are negative). Similar with the minimum wage, with some variation by country (and yet again, to the extent the minimum wage is above the market clearing wage, you end up with negative effects, as locales that have drastically increased theirs have seen). |
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The economy hasn't stopped developing however. 80 hour work weeks at the factory have been replaced with 40 hour weeks with 20 hours of unpaid overtime. Child labour has been replaced with unpaid internships. Minimum wage often doesn't match increases in inflation and cost of living, not to mention regional changes in cost of living.
Also productivity has practically doubled in the UK since 1980, yet labour laws have largely stayed the same. It could be time to implement 32 hour weeks, or ban unpaid overtime, or raise the minimum wage. All of these require strong unions IMO.