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by jiggy2011
4216 days ago
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I will try to address both this comment and https://news.ycombinator.com/item?id=8680361 in one reply. I think you have misunderstood my overall argument, my claim is not that a poor person is likely to earn a higher income than a rich person by working more hours, but that all people regardless of wealth are limited to 24 hour days which they must divide into "work" and "not work". A poor person can increase their value to an employer by being willing to forgo more "not work" hours than their competition. If the standard is a 40 hour week then they can offer to work a 50 hour week for example. The only people who they cannot compete with are those already working at full capacity (say a 100 hour work week). They can realise this extra work either as extra wages or by being willing to work more hours for the same wage. This can be used offset other disadvantages that they may have such as a lack of a degree, lack of experience or lack of connections. If a law was passed that restricted the number of hours that people are allowed to work to a maximum then you remove a negotiation lever that some poorer people might want to use. As far as the maid example goes, it is an outlier because the overwhelming majority of women (at least in the west) who are in salaried employment before they are married continue in salaried employment after marriage. Historically (as was the case perhaps in your great grandmother's time) this was not necessarily the case. |
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This thread started with the observation, quoting bato, "as work gets "easier" the way forward would be to reduce hours worked, not increase them".
If you build into your analysis the assumption that working more is better, then of course you'll end up with that conclusion that working more is better.
You believe there is a negotiation lever by not having a cap in the law. To start with, I would rather have strong unions able to negotiate the cap as appropriate for the given trade. Failing that though, the US has laws limiting the number of hours to work, such as the Libby Zion Law in New York, which limits the amount of resident physicians' work, and hours-of-service rules for truck drivers.
Regarding the maid example, I believe you are suggesting that it's rare enough that it can be ignored for purposes of economic analysis. My suggestion is quite different - your justification says that we should not do things that reduce the GDP. I question the primacy of that argument. We make policy decisions to have our country more in the way we want it to be. GDP is easy to measure. That doesn't mean it's the right metric, or even a good rough gauge.
If we wanted a country where people had more time for personal enrichment, then we would have a lower GDP. So what? Studying French poetry of the 1800s or building sand castles on the beach or watching football games are cheap.
And if you're worried about the poor needing to catch up to the rich, then increase taxes.