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Two for the Price of One: The 60 hour work week

By       Message william czander       (Page 2 of 2 pages) Become a premium member to see this article and all articles as one long page.     Permalink

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Think about what would happen if America adopted the European 35 hour work week. It would lead to a significant reduction in the numbers of millions unemployed. But this would lead to one unpopular side effect it would dramatically increase labor costs and lower the wealth of CEOs and their stockholders.

References

Bauerlein, M. and Jaffery, C. (2011) All Work and No Pay: The Great Speedup. Mother Jones July/August 2011 issue Retrieved from: http://motherjones.com/politics/2011/06/speed-up-american-workers-long-hours?page=2

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DiCello, N. (2008) Former Allstate CEO to Run AIG - Yikes! September 19, 2008 Retrieved from: http://cleveland.injuryboard.com/miscellaneous/former-allstate-ceo-to-run-aig-yikes.aspx?googleid=247858

Goldin, C. and Katz, L. (1999). Human Capital and Social Capital. Journal of Interdisciplinary History, Spring, 29, 4, 683-724.

HR.BIR.com (2006) 1/3 of U.S. workers leave"and lose"vacation time. Retrieved from:   http://hr.blr.com/news.aspx?id=18429

Saulny, S. and Brown, R. (2009) On a Furlough, but Never Leaving the Cubicle. New York Times, June 15, P.1

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Schor, J.B. (1991) The Overworked American: The Unexpected Decline of Leisure, N.Y.: Basic Books

Uchitelle, L., (2006) The disposable American: layoffs and their consequences. NY: Knopf

 

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He has taught in MBA programs for almost 35 years in 2002 he left academe to work for Home Depot where he witnessed the absurdity of corporate life. He is now semiretired and serves on the faculty as an adjunct professor at several institutions. He (more...)
 

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