A lazy solution to the world recession

ygolometsipe

I think we need to be more lazy and work less.

If we reduce the total working hours we have more time to buy stuff.
We also earn less which might lower inflation.

I might also lead to more innovation.

tldr: work less =

vicwatson

Sure lets not work at all, none of us

sawfish

ygolometsipe wrote: »

I think we need to be more lazy and work less.

If we reduce the total working hours we have more time to buy stuff.
We also earn less which might lower inflation.

I might also lead to more innovation.

tldr: work less =

It could also reduce unemployment

A more even distribution of wealth.

Can't see it happening before 2175!

ygolometsipe

vicwatson wrote: »

Sure lets not work at all, none of us

I agree

https://en.wikipedia.org/wiki/Basic_income

Why not, a world with negative interest-rates proves money is increasingly pointless.

wakka12

If we work less we'll have less money to buy the things during the hours off. Also I think people will buy whatever they need even with tough work hours, you'll always find time if you need/want the thing

Was this not a serious consideration at some point in the last 5 years?

Something about reducing the standard working week to 30 hours, to create more jobs, etc.? I'm fairly sure I heard it discussed at length on a few radio shows and such?

ygolometsipe

Deleted User wrote: »

Was this not a serious consideration at some point in the last 5 years?

Something about reducing the standard working week to 30 hours, to create more jobs, etc.? I'm fairly sure I heard it discussed at length on a few radio shows and such?

reducing the working hours was very serious even France did it
"France adopted a 35-hour workweek in 2000"
https://en.wikipedia.org/wiki/Working_time#History

I think its going to happen soon enough, globalization is a dead duck unless
his happens.

FizzleSticks

This post has been deleted.

Arghus

I'll work less for more, if no one else will.

It's tough, but I want to be the man to make the sacrifice.

Slydice

My mind jumped to that wall-e scene

ygolometsipe

FizzleSticks wrote: »

This post has been deleted.

If 30% of the world's work-force work for 40 hours per week and out of this labor product X costs Y then that's no different to 60% working for 20 hours for product X to still cost Y.

More people are employed but the cost of living is the same.
You will also have 50% more consumers which logically should drive up demand and cause inflation however if the number of people employed is kept high, that means more of product X which means inflation stays the same.