Monday, May 05, 2014

Fixing the Global Economy

            I've often looked at the economy and wondered what could be done to make it work better. There’s a complete lack of balance in the wealth, there are far too many people unemployed and – at least in first world countries – there is far too much waste.

            So, here’s my thought of what we need to do. First, we cut the average work shift from 8 hours to 4 hours – this doubles the number of shifts available and entirely eliminates unemployment, while allowing people to either spend more time doing what they actually want to do or to work a second job without killing themselves.

            Second, because there are so many more jobs available, we’ll then be able to cut back on the surplus of products we are currently creating. Between the lower number of products being created and the subsequent less materials required, jobs and employment should balance out perfectly – there will even be a bit of flex room available, allowing jobs to be made available as people need employment.

            Third, we eliminate built-in obsolescence. Because there will be more people working shorter hours (less stress, more relaxation time) and creating fewer products, we’ll be able to afford the time and materials to make things properly and to last. They will be a little more expensive, but we won’t have to buy a new one every couple of years.

            Fourth, balance the money flow. Pay people what they deserve and what they need to survive. There’s enough money out there – it just isn't in the right places.


            The end result is that we’ll be paying more people (shorter hours) to make less things (albeit higher quality) and we’ll have so much less waste that we’ll be able to use our resources to help less fortunate countries. Wouldn't that be nice?




Click here to find the charity anthology containing a couple of my short stories.






If there's any subject you'd like to see me ramble on about, feel free to leave a comment asking me to do so.

1 comment:

  1. Was browsing your posts and found this so here is my completely late comment!

    My husband went to university for engineering for a brief time. During that time he took somewhat of an ethics course. Want to know what they taught? Basically - keep making work for yourself via planned obsolescence. Also, worry about your position first - which often means eliminating the positions of others and replacing them with technology.

    My husband and I both came to the same conclusion. Basically that money is obsolete now that we live in a system that could globally support the entire population. It's kind of complicated... but if you eliminate money - there's no need to stop progress that would eliminate jobs. There's no limit to education or research. Everyone is provided what they need. The transition to this is completely unrealistic at this point... but it's basically making the world self-sustaining. There's a series of movies called Zeitgeist and something called the Venus Project. It's worth checking out, even as just a thought experiment. :D

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