[abakker]

We don't even need this - we have a pretty good explanation for what's going on, it's just that people don't want to admit it. the reality is that "work grows to fill available space", but, up until a point. Slowing/declining populations, but high workforce productivity speak to the basic tenets of the population-led economic growth model starting to get a little suspect.

A very broad brush view might be that it took 60 years for automations in the workplace to finally match pace with demand, but increasing automation in knowledge work vs the potential for aggregate demand to fall means we'll have to come to terms with the "required" level of productivity, rather than assuming more growth is the objective.

If we can get this right, we might see the globe get more equal, more leisure time, and a shrinking of the investment sector since the pursuit of growth might get more nuanced. All of that would take a long time, though.