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by lesuorac
775 days ago
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Sure, somebody that works constantly in a field might not spend that much time imagining what the majority of the country would do if they weren't working all the time. But some other people that have much less demanding jobs did think that in the future people would barely work. This has become much more true for Europe than USA although as you'll see pointed out all the time, USA salaries are higher then Europe. I suspect Keynes was a socialist since he seems to have this idea that everybody would chip in only 15 hours a week in order to produce enough stuff for the whole of society. > "But beyond this, we shall endeavour to spread the bread thin on the butter-to make what work there is still to be done to be as widely shared as possible. Three-hour shifts or a fifteen-hour week may put off the problem for a great while. For three hours a day is quite enough to satisfy the old Adam in most of us!" [1] [1]: http://www.econ.yale.edu/smith/econ116a/keynes1.pdf |
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And approximately a decade later, the United States did just that. The workweek was reduced to 40 hours to make what work there was to be done as widely as possible. He didn't get the number of hours quite right, but nailed the overall premise.