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this post was submitted on 14 Mar 2024
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Do you think your overhead would also decrease if you only had a 4-day work week?
Look at it this way. Let's say I run a widget factory. I have a worker, Joe, that I pay $1000/week to. Each day, Joe creates me a widget that I can sell for $220. That means at the end of the week, I have 5 widgets I can sell for $1100, yielding me $100 profit.
Now, we move to a 4 day work week. I pay Joe $1000. He creates me 4 widgets, still worth $220 each. I sell them for $880 total. I now lose $120 each week.
Under the current plan, it seems the guidance is that Joe will magically start working faster and produce more than 1 widget per day. If he does not, my other option is to increase the price of widgets or to decrease the amount of money I pay Joe.
or you can go get a real job, admit that private property is theft, and let joe sell his own widgets.
I don't have to "let" Joe sell his own widgets. He'd be free to do that regardless. I guess your guidance is that the business should just die under this new model.
my guidance is that you don't need to be profiting off of the labor of other people.
It's typically my experience that a great number of people are not entrepreneurial. They just want to show up to work, do their job, get paid and go home. I'm not talking about coercion of anyone to be FORCED to work for a business. I am just trying to understand how this new legislation would work. My hunch that is if this was passed, consumer prices would increase 20%. If you believe otherwise I would like to understand more.
i'm just here to rail against the capitalist system. you can argue with someone else about the minutia of reformist policies.
If you reject capitalism, I can see why this bill would be highly uninteresting to you.