Politicians can’t just pass laws to give us shorter workweeks. We actually get more free time when businesses & voluntary associations invest in better tools & technology. This increases efficiency, making goods and services cheaper to produce & allowing prices to drop.
However, big government programs drain the resources needed to develop an economy. When the government pays for massive spending by printing money & running up debt, it shrinks the value of your dollars and distorts the economy. Add in high taxes, government promises it can’t afford (like public pensions with runaway obligations), & red tape that makes it hard to produce goods, and society ends up poorer.
Instead of making life more affordable, printing money & discouraging investment force you to work longer and harder just to stay where you are.
We actually get more free time when businesses & voluntary associations invest in better tools & technology. This increases efficiency, making goods and services cheaper to produce & allowing prices to drop.
The problem we have in late-stage-capitalism is that instead of passing the time and money savings onto employees and consumers, the owning class passes these savings onto themselves instead and tell us to work twice as hard for half the pay.
GOP: she’s basically Stalin.
Politicians can’t just pass laws to give us shorter workweeks. We actually get more free time when businesses & voluntary associations invest in better tools & technology. This increases efficiency, making goods and services cheaper to produce & allowing prices to drop.
However, big government programs drain the resources needed to develop an economy. When the government pays for massive spending by printing money & running up debt, it shrinks the value of your dollars and distorts the economy. Add in high taxes, government promises it can’t afford (like public pensions with runaway obligations), & red tape that makes it hard to produce goods, and society ends up poorer.
Instead of making life more affordable, printing money & discouraging investment force you to work longer and harder just to stay where you are.
The problem we have in late-stage-capitalism is that instead of passing the time and money savings onto employees and consumers, the owning class passes these savings onto themselves instead and tell us to work twice as hard for half the pay.
This is the same stupid train of thought every second manager has. Your tool can be amazing, als long as your processes are shit nothing will improve.