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by spideymans
720 days ago
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Productivity is ultimately the measure of the efficiency of human labor. The more productive workers are, the more free time they’ll have to do whatever it is they want to do to make themselves happy. In the short term, lagging productivity can be masked by debt spending and other measures, but in the long run, the only thing that increases human wealth and material abundance is labor productivity. Everything else is illusionary. All human societies have sought to increase labor productivity. The first stone tools, agriculture, and nuclear reactors are all productivity-enhancing inventions. Any society that opts out of seeking labor productivity will eventually see their wealth, living standards, and ultimately happiness decline. There is no way out of that trap. And to be clear, there’s absolutely nothing good about low productivity for workers. All that means is that you’re spending more time working for lower wages, to produce things of lower value. |
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> Any society that opts out of seeking labor productivity will eventually see their wealth, living standards, and ultimately happiness decline. There is no way out of that trap.
I'd argue the reverse - any society that privileges productivity over social reproduction and liveable cities will never be able to tame violent crime, achieve real social mobility or provide a safe and enriching environment for a majority of its citizenry.