On Fri, Mar 26, 2010 at 12:44, Eugene Coyle <[email protected]> wrote:

> But there is a remedy for the glut of workers.  Shorter working time.  If we 
> adopt a four day week, 20 percent of the work-hours on offer in "standard 
> jobs" disappears.  Supply drops, pay rises.  Why won't Pen-l discuss this 
> beyond the sneer level?

Well it only works as a solution if there is a mandated wages and
benefits for those reduced hours.  Earlier today, Jim Devine passed
around a story mentioning that, at the moment, the average number of
hours/week is 33.  That's already almost equivalent to a four day work
week.  BUt most of those people are underemployed and would like to be
working more so that they can actually "reproduce their labor power."
the increase in employment, as the article mentioned, would likely
just be to give those workers more hours rather than hiring a few
other part timers to fill the new demand.  Likewise, one of the main
critiques of companies that offer benefits to full timers (like
Wal-Mart, Starbucks, etc.) in recent years is precisely that they
would hire more part timers, i.e. more people at 20-30 hours/week, so
that they didn't have to provide benefits.   If the wages for a 32
hour work week are 20% less than that of the 40 hour (and the benefits
are 100% less, i.e. part timers don't get health care) then this is
hardly a workable solution.  I've heard it mentioned before so maybe I
am misunderstanding the particularities, but there doesn't seem to be
a clear way this would help the problem unless there is the enormous
external variable of mandated living wages and benefits.

s
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