| ▲ | joe_mamba 7 hours ago | |
>We could live in a world where people only had to work 20 hours a week or even at some point not at all. How would your country function, if all medical staff, construction, rail, sewage, police and firefighters suddenly worked half as long or not at all, starting tomorrow? Because my home country tried this whole "if we seize the means of production from the wealthy elites, we won't have to work as hard anymore" ~80 years ago, and guess what happened to the workers? Were they working less hours for more money, OR, were they working just as much while also starving and being plagued by shortages? The problem with your logic, is that it only applies to bullshit Western office corporate jobs who are anyway not actually doing much useful work for 40h. All those office jobs that don't need to be working 40h, were just subsidized by endless money printing, that's why you see so many layoffs happening, once the ZIRP era ended when they were hiring people just to raise headcounts to boost stock valuations to gullible investors they could rug-pull, but now the bubble popped and the jig is up. And it only works in a world where you own the world reserve currency, and globalisation, free trade and international competition does not exist, because the countries who will work harder than you, will outcompete you and subjugate you in the long run so you can make their sneakers and phones for 60h/week, while they kick it back and live from printing money. | ||
| ▲ | jmyeet 7 hours ago | parent [-] | |
Your assertion seems to be that those things haven't had massive productivity gains over time. Cleary they have. Firefighters aren't carrying buckets of water or using a horse-and-cart. No, they use fire engines, helicopters and planes. They use more advanced fire suppressants and protective gear. Medical professionals have better diagnostics, health records, MRIs and other imaging equipment and so on. The medical profession is pretty much a perfect example of my point, actually. Do we train more doctors (per-capita) or just expect existing doctors to work more hours? There are a whole bunch of vested interests in constraining doctor supply. Likewise, resident physicians are incredibly profitable for hospitals because they create a lot of value and cost nothing. You see this where various parties are trying to increase emergency medicine residencies from 3 to 4 years. Hospitals hate fully-qualified attending physicians because they can't artificially suppress their salaries. It's why we've gotten things like Nurse Practioners, Physician's Assistants, CRNAs, etc. It's also why, for example, you see a case like in Oregon where private equity is trying to destroy physician organization. I'm of course talking about Peace Health and ApolloMD, a case in Oregon recently. We also make medical people spend a bunch of time dealing with insurance BS, for literally no reason. This isn't just a BS "corporate job" thing. | ||