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We have had a 40 hour work week for a hundred years or more.
I do not know the exact numbers, but I am pretty sure that:
- 100 years ago the average family had more children
- 100 years ago it was common to have just the man of the family work while the woman looked after the house
Since that time we have developed greater technology that allows every person to be more productive.
I am going to make some comparisons and observations. Any numbers will be based on averages.
From this chart:
In 1920, women had an average of 3.17 children each. In 2018, it was 1.73.
So I will use a family in 1920 of a couple with 3 children. And in 2020, a couple with 2 children.
In 1920, a man could work 40 hours in a week and could provide for 5 people. 1 person provides for 5.
In 2020, we commonly have both the husband and wife working 40 hours per week and only providing for 4 people. 1 person provides for 2.
Now, given that we are far more productive than 100 years ago, every worker is making a lot more "stuff". "Stuff" can either be goods or services.
I think conservatively we can estimate that a worker in 2020 is on average twice as efficient as a worker in 1920, with the assistance of technology and technological advancements.
What 1920 showed us is that 1 person can provide for 5 people. So in 2020, with twice the efficiency, 1 worker could provide for 10 people. But what we have is 1 worker providing for only 2 people.
Now we know that people live longer in 2020. So let's say people live 1.5x as long. So in 2020 we can make this correction and say that 1 worker could provide for 6.7 people.
But we still are left with 3.3x the necessary production (1 worker could provide for 6.7 people, but is providing for only 2 people).
That is a lot of excess production.
Now excess production is not necessarily a bad thing. Once we take care of our basic needs, we can then produce goods and services that enhance our quality of life.
So let's look at some of these goods and services that we make to enhance the quality of our lives.
- Electronics, gadgets, etc. that have a short life span
- Traveling, vacations, etc.
- Remodeling, renovating our homes
- Fast food, convenience food, frozen dinners, etc.
I will stop there.
Does anyone see some emerging problems with this model of the 40 hour work week in 2020?
I do not know the exact numbers, but I am pretty sure that:
- 100 years ago the average family had more children
- 100 years ago it was common to have just the man of the family work while the woman looked after the house
Since that time we have developed greater technology that allows every person to be more productive.
I am going to make some comparisons and observations. Any numbers will be based on averages.
From this chart:
In 1920, women had an average of 3.17 children each. In 2018, it was 1.73.
So I will use a family in 1920 of a couple with 3 children. And in 2020, a couple with 2 children.
In 1920, a man could work 40 hours in a week and could provide for 5 people. 1 person provides for 5.
In 2020, we commonly have both the husband and wife working 40 hours per week and only providing for 4 people. 1 person provides for 2.
Now, given that we are far more productive than 100 years ago, every worker is making a lot more "stuff". "Stuff" can either be goods or services.
I think conservatively we can estimate that a worker in 2020 is on average twice as efficient as a worker in 1920, with the assistance of technology and technological advancements.
What 1920 showed us is that 1 person can provide for 5 people. So in 2020, with twice the efficiency, 1 worker could provide for 10 people. But what we have is 1 worker providing for only 2 people.
Now we know that people live longer in 2020. So let's say people live 1.5x as long. So in 2020 we can make this correction and say that 1 worker could provide for 6.7 people.
But we still are left with 3.3x the necessary production (1 worker could provide for 6.7 people, but is providing for only 2 people).
That is a lot of excess production.
Now excess production is not necessarily a bad thing. Once we take care of our basic needs, we can then produce goods and services that enhance our quality of life.
So let's look at some of these goods and services that we make to enhance the quality of our lives.
- Electronics, gadgets, etc. that have a short life span
- Traveling, vacations, etc.
- Remodeling, renovating our homes
- Fast food, convenience food, frozen dinners, etc.
I will stop there.
Does anyone see some emerging problems with this model of the 40 hour work week in 2020?