Thursday, March 19, 2015

Who wants a 24 hour work week? If workers wages rose as fast as worker productivity, we would have one.

http://www.businessinsider.com/growing-productivity-stagnating-compensation-2011-3

If you gave the gains in worker productivity since 1950 to the workers, and not just the bosses, we could make the same living we have today on between 24 and 32 hours a week.

Basically worker pay has stagnated since Reagan, but worker productivity is 180% of what it was.

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