Reduced Working Hours: The 24-hour Week (tags)
There is currently an international trend toward reducing working hours, which is also being driven by politics: In California, a bill is pending in parliament that would reduce working hours in large companies from 40 to 32 hours.
Reduced working hours as a socio-economic investment (tags)
In this Austrian article, reduced working hours is seen as a socio-economic investment, not as a cost-trap. In a 1909 study by Sidney Chapman, shorter working hours leads to higher productivity and greater output. More time sovereignty and better health of workers would be long-term gains.
Progress Means Reduced Working Hours (tags)
Shorter hours can lead to economic growth, higher productivity, greater output, more time sovereignty and better long-term health of workers. Closing one's eyes to these arguments and only thinking of short-term profit is hostile to the future and not only hostile to the economy.
Reduced Working Hours as a Socio-Economic Investment (tags)
In these Austrian articles, reduced working hours is seen as a socio-economic investment, not as a cost-trap. In a 1909 study by Sidney Chapman, shorter working hours leads to higher productivity and greater output. More time sovereignty and better health of workers would be long-term gains
Reviving an Explosive Topic: Reducing Work Hours (tags)
In truth, the introduction of the eight-hour day, the free Saturday and the fifth vacation week (in Austria) did not cause economic crises. Reduced working hours means more distribution justice for the general public and more quality of life for workers.
Reduced working hours is the only logically and historically consistent answer to the annual productivity increases that are above the real growth rates of the economy and without reduced working hours lead to a decline of work volume and unemployment.
The crisis is 30 years old, not three years old. The causes of the crisis should be tracked down in the real goods-producing economy, not in the financial markets. The financial markets were keep alive up to the collapse of the speculative bubble by credit-financed demand.
Some further thoughts on the OWS movement (tags)
I have been following the Occupy Wall Street developments with interest because ultimately I consider the only reasonable way entrenched elites become unseated is if there is mass action by citizens. I do not think military coups are a very sound way to lay the groundwork for grassroots