Experiments with a shorter workweek have shown that shown that working fewer hours improves worker well-being and productivity. But we can’t expect employers to implement this transformative change of their own volition.
Experiments with a shorter workweek have shown that shown that working fewer hours improves worker well-being and productivity. But we can’t expect employers to implement this transformative change of their own volition.
The best thing to do with economic policies that might negatively impact unproductive sectors such as rentiers is to let them fail. Nobody guaranteed them an infinitely lucrative revenue stream. And if the pricing is sticky, it’ll come unstuck in a big wave once the insolvencies start. We just have to make sure even bigger parasites don’t use that as a reason to seize control of those assets.
I agree. Unfortunately that would implode the western financialized system all the way to the middle class so your options tend to be revolution or waiting for it to blow itself up. I’d personally speed it up like condemnation of vacant properties and liquidity provided by state development banks to homeowners and businesses to buy said properties instead of waiting for vulture capitalists (blackrock) to buy things up when they’re the only ones with liquidity.