Why Must We Work 5 Days When It Could Be 3?
|May 22, 2014||Posted by Staff under Editorials|
This 2014 excerpt of The Conversation, Apr 17, is by David Spencer, Professor at University of Leeds, and it also appeared at MacroBusiness.
Why we are still working so hard? The past century saw huge technological advances and yet there hasn’t been a corresponding increase in leisure time: people are working as hard as ever.
The Netherlands shows how shorter work time can be achieved without a reduction in productivity and in living standards. Longer work hours are also associated with poor health and higher mortality rates – we may be risking our lives by working longer.
The case for working less is ultimately about promoting a higher quality of life including a higher quality of work. It is about giving us more time to realise our creative potential in all kinds of activities; it is about achieving a life that uplifts us, rather than leaves us exhausted and frustrated.
The build-up of household debt, especially in the US and the UK, has put added pressure on workers to work longer.
Employers won’t voluntarily reduce work time, and workers remain unable or unwilling to opt for shorter work time themselves. We must gain the collective will to curb the time we spend at work. A four or three day working week is within our grasp.
Ed. Notes: The author thinks a law saying people may not work too much should do the trick. It hasn’t worked yet. What’s really needed is for everybody to get an extra income.
From where would come the money? It could be all the money we spend for the nature we use. Government could use taxes, fees, dues, leases, etc, to redirect our spending for land (in mortgages mostly) and for resources (in leases mostly), collecting it into the public treasury. Then disburse that revenue — several trillion dollars each year in the US — as equal shares to the citizenry.
Receiving their Citizen’s Dividend — about $1k/mnth — people could choose to work less and play more at the same standard of living. They’d not only have more fun but they’d live longer and incidentally shrink the income gap. Greater economic parity would also impart a whole world of benefits.