Right, which demonstrates the unfortunate: this has to be done politically, not economically. The only way you can get rid of the 40 hour work week is if you make it illegal, much like we did with more exploitative working practices in the early 20th century.
I agree with that, but do people want to work less than 40 hours a week? I know I do, but I don't speak for everyone.
It feels as though we've reached a compromise some time back where people are roughly ok with trading 40 hours of their productivity per week for enough units to live a pretty comfortable life on (comfortable is relative, and we're relatively much more comfortable than 99% of humans who ever lived).
>No business would choose no-growth + reduced cost over growth + same cost.
If that were the case, why are so many companies bent on eliminating some employees and equipping the rest with AI to make up the difference? Wouldn't it be in their best interest to retain ALL those employees and equip them all with AI?
There is no business in the world, except those already financially unhealthy, that would choose no-growth + reduced cost over growth + same cost.
It just goes against every business ethos except Arizona Iced Tea.