> It would be feasible to reduce hours of work and release workers for the pleasurable activities of free time with families and communities, but business did not support such a trajectory.
This may be an explanation for the failure of John Maynard Keynes' prediction in 1930 that the working week might drop to 15 hours a week, with people choose more leisure as their basic material needs were satisfied.
> In 2008, a similar unraveling began; its implications still remain unknown.
When was this written? The post date indicates today, but are these people really working along such long time horizons that we can't work out the consequences of 2008 twelve years later?
Edit: I'm also seriously annoyed by articles that don't display the published date.
Edit2: But I believe it references the quantitative easing, "printing money to boost the economy", which has been done ever since 2009, and which so far seems to have been working, but there's uncertainty as to whether it's sustainable or will lead to a collapse of the whole economy.
This may be an explanation for the failure of John Maynard Keynes' prediction in 1930 that the working week might drop to 15 hours a week, with people choose more leisure as their basic material needs were satisfied.