318 sats \ 0 replies \ @Undisciplined 19 Jun \ on: Does society, by design, capitalize on labor? ideasfromtheedge
I've often wondered why we stopped taking a share of our increased prosperity in the form of more leisure time.
During the industrial era, as productivity skyrocketed, the length of the work week declined dramatically. That makes perfect sense. Then, the work week stuck on 40 hours and hasn't budged since, despite continued gains in prosperity.
Incidentally, and perhaps not coincidentally, income taxes were becoming a bigger component of government revenue at this time.