28 FEB 2021 by ideonexus

 Why Automation Didn't Result in Increased Leisure in the ...

Back then, many theorists believed that a progressive reduction of work time was the inevitable byproduct of mechanization and increased efficiency. Even John M. Keynes, noted father of modern mass-consumption economics, argued in 1931 that, within two generations, industry would satisfy the real needs of humanity and lead to “three-hour shifts or a 'fifteen-hour week.” This reduction in work time, said Keynes, would allow us to “devote our further energies to non-economic purposes.” Thus “ma...
Folksonomies: automation leisure
Folksonomies: automation leisure
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