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Capitalism and the Political Economy of Work Time

Capitalism and the Political Economy of Work Time

Hardcover

Series: Routledge Frontiers of Political Economy

Business GeneralLaborSocial Movements

ISBN10: 041581023X
ISBN13: 9780415810234
Publisher: Routledge
Published: Oct 29 2014
Pages: 236
Weight: 1.09
Height: 0.78 Width: 6.45 Depth: 9.48
Language: English

John Maynard Keynes expected that around the year 2030 people would only work 15 hours a week. In the mid-1960s, Jean Fourastié still anticipated the introduction of the 30-hour week in the year 2000, when productivity would continue to grow at an established pace. Productivity growth slowed down somewhat in the 1970s and 1980s, but rebounded in the 1990s with the spread of new information and communication technologies. The knowledge economy, however, did not bring about a jobless future or a world without work, as some scholars had predicted. With few exceptions, work hours of full-time employees have hardly fallen in the advanced capitalist countries in the last three decades, while in a number of countries they have actually increased since the 1980s.

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