Showing posts with label work week. Show all posts
Showing posts with label work week. Show all posts

Saturday, July 19, 2014

Sam Frizell — The World’s Second-Richest Man Thinks You Should Work Only 3 Days a Week

Carlos Slim, the world’s second-richest man finally said the one thing we’ve all been waiting for a self-made billionaire to say: work less. Way less.
At a business conference in Paraguay, the telecommunications magnate said it was time for a “radical overhaul” in the way people work, the Financial Timesreports: people should only work three days a week.…
But there’s a catch: in exchange for working fewer days a week, we should work for more of our lives. Instead of retiring at 50 or 60, workers should work until the age of 70 or 75, the 74-year-old Slim said.
Time
The World’s Second-Richest Man Thinks You Should Work Only 3 Days a Week
Sam Frizell

For this to work, the capital and labor share need to become more equalized in order to support demand with increasing gains in productivity from technological innovation that go primarily to owners of capital and high-end workers. But it's doable. Just means shifting the moral attitude toward work away from the dominant Protestant ethic that is now an artifact of history that has outlived its usefulness.

Friday, February 22, 2013

Andrew Simms — The four-day week: less is more

More free time, fewer carbon emissions and an answer to our economic woes. Why aren't we all working a four-day week?
The Guardian (UK)
The four-day week: less is more
Andrew Simms
(h/t Andy Blatchford via FaceBook)

Turns out this is a conservative idea originating in Utah, first tried at the city and county level and then instituted at the state level by then governor Jon Huntsman.