http://www.worklessparty.org/Today the average worker is approximately 400% more efficient than a worker in the 1950s. In just eleven hours a worker can produce the same amount of goods and services as someone working 40 hours in the 1950s. It also means that 400% more stuff as to be consumed or people will loose their jobs.
The present economic problem is two fold.
Firstly, once adjusted for inflation, wages in North America have barely kept up with inflation. In a global context the situation is much more serious. When jobs are exported to third world countries with minimum labour standards, it creates a labour force that can’t afford to buy all the goods and services being produced. This is a virtual identical repeat of the problem that caused the great depression.
Secondly, what we have been consuming is the planet itself. According the UN millennium report 60% of the worlds ecosystems are in substantial decline. According to a study done by Dalhousie University the worlds stock of large fish has decreased by 90%. Even the USA intelligence agency is warning that we will be facing series water shortages by 2025. What got us out of previous depressions and recessions is that people started to consumed more. If current surplus production capacity is balanced with increased consumption our ecological footprint will increase faster than it has ever done before.(3) World leaders are frantically trying to find new ways for consumers to return to their dutiful roles of spending more and more. If they succeed we are going to have a much bigger problem to deal with.
So what is the solution?
One potential solution that was implemented in 1933 by President Roosevelt during the great depression is to reduce the workweek from ten hours a day to eight hours a day. Instead of having a high unemployment rate, the work is shared so that more people can become employed.
Technological efficiency gives us a choice; we can either continue to work just as hard and exponentially consume and grow the economy, or we can translate those gains in efficiency into other more meaningful activities such as child rearing, education, arts and holding elected leaders accountable. It is not surprising to learn that countries that do have lower workweeks such as Norway, Holland and Germany are more egalitarian and have lower crime rates. This might be coincidental, but I suspect that when people have time to invest in other types of work besides trying to endlessly fill up landfills with junk, we create the opportunity for a healthier and wiser society.
In 1933 we changed from a 10 hour day to a 8 hour day. Maybe its now time to change to a 6 hour day