This website is a day late & pound eccentric, but it translates what must be done into the interest of the super-rich. They think they're in touch, but inevitably they self-insulate-and- isolate. Why shouldn't things be easier for them? After all, they've got what we're all brainwashed to think is the ultimate goal, to get rich, duh. But today the money supply is so concentrated, there's too little outside the financial sector in superfast & diverse circulation to stabilize the value of the of the ma$$ive monetary 'black hole' inside the financial sector in relatively slow & big-chunk$ circulation. This website outlines a market-oriented way to reverse that clogging.
It's the biggest & oldest website on achieving full employment without runaway inflation but with maximum consumer confidence, marketable productivity and solid investments. It's retro but it loads fast & has no ads. See also our backgrounders.|
hope du jourtm – TIMESIZING instead of downsizing in the news (archives) -
(free consulting to writers interested in setting novels or plays with higher technology and lower workweeks, 617-620-6851 x.Phil Hyde)
Google Search newsclips of what the world is doing right - and our latest ranking of leading countries: The core solution is so obvious, it's below the radar. Usually it's just one item on a list with few realizing it's the ink & paper. It's our closest candidate to the "Holy Grail" of economic design, the Single All-Sufficient Regulation, and despite *dismissal by 'experts,' it's the world's most common (but least publicized and yet-to-be fully exploited) response to downturn and it's reinvented thousands of times a day in every recession by businesses and governments. In each case, more jobs would have been lost without the hourscuts or furloughs -
PARIS, France - ...It bears repeating: we work more, on a weekly basis, in France than in Germany. To maintain the contrary, one must bend over backwards to avoid the consideration that full-time jobs [in Germany are mainly done by men]. And then quite simply, not to recognise the work done by women [is mainly part-time]... - see whole article under today's date.
[So by exaggerating German women's employment to full-time on par with German men's employment, you wind up with an exaggerated figure for total German working hours?]
[Minimum wage is never enough and never a useful regulation - maximum workweek and overtime-to-jobs conversion should replace it everywhere.]
BURLINGTON, Ver., USA - ...Increasing wages can also create a whole new set of problems, as Vermonters are realizing as they see their pay go up by a few cents or a dollar an hour. There's a "benefits cliff" that workers face, as they earn too much money to be eligible for state benefits -- but not enough to pay all their bills
... - see whole article under today's date.
[Convert enough overtime into training and hiring and cut the state workweek to provide enough convertible overtime to provide full employment, as we should have been doing for the last 200 years since the start of the Industrial Revolution, and you DON'T NEED STATE BENEFITS! We can safely dismantle the whole municipal, state and federal mass of bureaucracies dedicated to making up for our rigid overlong workweek and the resulting marginalization of evermore of the workforce. And we don't need more or *younger "uber rich" - we need more human freedom for all. What do we do when the first young billionaire joins ISIS? Will we finally smarten up?]
Shorter hours are happening anyway, but not the best way which maintains personal income and *vital consumer spending via emergency worksharing and sustainable timesizing. We simply can't perpetuate a pre-computer 40-hour workweek forever into the age of robotics. It may be fun to sneer at believers in the fixed "lump of labor fallacy" because "there's an infinite amount of work to be done," but where's the corresponding willingness to pay for it? - and without pay, it isn't, and doesn't, work. So we need to take charge of this workweek-trimming process, systematize it and make sure it happens in a way that absorbs the surplus of jobseekers, gets employers bidding against one another for good help, thereby harnesses market forces to flexibly maintain and raise wages and spending, leeches money out of the huge black hole of income and wealth in the top 0.01%, and gets those trillions back into circulation. Shorter hours is a strategy that is reinvented hundreds of times a day across the U.S. in this recession and thousands of times a day across the world in both public & private sectors, in every industry, and in a variety of ways. Many countries and U.S. states already have worksharing programs to cushion the transition to permanently shorter workweeks that automatically adjust to our rising levels of productive technology in the Age of Robotics. These programs currently are designed to be temporary. Here's what their permanent program will look like when they finally succumb to the inevitable.
doom du jourtm = today's headlines from helltm (archives)
- here in the context of a robust solution (see hope du jour above), you can see the bad news and the impotence of today's "experts" as portrayed in the mainstream American narratives -
- editor's comments in [square brackets] by Phil Hyde firstname.lastname@example.org -
- headlines from *Porter Sq. Bks CambridgeMA USA & updating from Kate's Kaffé, Somerville MA USA -
non-market MAKEWORK in the news (compare luddism in its disrespect for worksaving technology) (archives) - too-little too-late, too ecostressing, too special-interest, too wasteful, too desperate, artificial or especially...too military, & all axed at the root by full employment via first-aid worksharing & sustainable timesizing -
[Doesn't often get this clear in today's makework-masking media.]
[But fear not, ye job "creators" - here's another chance -]
[How about "stretches for response" because it's Sony's business or by a stretch, Japan's, not ours.]
- White House walks fine line to find way to retaliate for North Korea's apparent cyberattack on Sony (subhead)
[Still talking "retaliation" instead of "designing-out possibility of repeat" with Buckminster Fuller? How primitive!]
White House treats Sony attacks as 'matter of national security', Financial Times, p.1.
[Oh please, still playing the 'national security' card? = the ultimate military-makework lever!]
[Shows various views of hooded torturer labeled CIA & holding a branding iron in one hand & a mace in the other - 6 frames -]
1- We had to lie about torture... 2- Lie to Congress... 3- Lie to Colin Powell... 4- Lie to the American people... 5- And lie about our results... 6- To get to the truth.
[And to make our jobs sound more indispensable?]
[And we're supposed to believe that? Let's get back to good ol' fashioned No Accountability, No Funding. And when we come to service that is secret, we come to No Accountability. Here's another case, and a 5G wristslap don't fix it -]
The state [of Massachusetts] has fined "Steward" Health Care System [our quotes] $5,000 for refusing to divulge financial documents, BG, A1 pointer to C1.
[Some "stewards" they are! Take off the kid gloves and strip their license.]
Steward's network made a $29 million profit in 2014's first half, though three hospitals lost money (subhead, C6)
[Ri-i-ight. But is anything really secret anymore? -]
Cellphone privacy is shaky, researchers say - Network flaws said to make calls, texts targets worldwide, Washington Post via BG, C7.
[How pathetic we've become: taxing the poor to create jobs - and psychological addiction - in an age when even Atlantic City is drying up -]
Icahn drops $20 million on the Taj Mahal, Associated Press via BG, C2.
Billionaire investor Carl Icahn pledged $20 million on Thursday to keep Atlantic City's Taj Mahal casino open indefinitely, eliminating a plan to shut it down. Icahn promised [to] provide enough money to keep [it] open throughout bankruptcy proceedings.\. Trump Entertainment Resorts [owner] plans to hand itself over to Icahn, but only if he gets substantial tax breaks [= more parasitizing taxpayers]. Bills that would have done so were yanked from the State Legislature on Thursday.
[Taxpayers saved this time? or just for the moment? See also Closings&Bankruptcies below. And then there's other supposed "safety" -]
...The National Highway Traffic Safety Administration made the demand of five automakers. Honda and Mazda have already taken their recalls nationwide.\. BMW and Chrysler..have not agreed to national recalls.\. The inflators, made by Takata Corp. of Japan, can explode with too much force, spewing shrapnel into drivers and passengers...
The three-year war in Syria and the rise of the Islamic State of Syria & the Levant has cost the region $35 bn, devastating a group of countries that were on their way toward successful economic integration [presumably with one another], according to the World Bank.
[But who cares when it's created jobs in the military industry across the "free" world?]
wall of CLOSINGS & BANKRUPTCIES (archives), lowerable by timesizing -
Billionaire investor Carl Icahn..promised [to] provide enough money to keep [it] open throughout bankruptcy proceedings. It had been scheduled to close at 6 a.m. Saturday [12/20]...
[Can't the real Taj Mahal sue this monstrosity for defamation of nomenclature?]
epidemic HOMELESSNESS in America (archives) - so unnecessary with full employment via timesizing -
[Or better yet, refocus on joblessness where it all starts, and admit that in the age of AI and robotics, the 40-or-more-hour concept of full-time is a "cold war relic" (phrase lifted from editorial cartoon right above) - we need to quit straining for too-little too-late makework and dive into first-aid sharework and permanent timesizing, consisting essentially of converting chronic overtime into training&hiring and trimming the workweek for enough convertible overtime to provide full employment, maximum consumer spending, marketable productivity and non-bubble investment.]
...[as] general contractor for a nearly 450-unit apartment building...
[No labor shortage, no union power. No union power, no rising wages. No rising wages, no increased consumer spending. No increased spending, no faster-fuller monetary circulation or multiplier effect or economic growth.]
[It ain't the memo that cost them, it's their creepy practice warned against in the memo -]
...In a memo, one J.P. Morgan employee warned her bosses they were putting bad loans into securities being created before the financial crisis "hit"...
[=our quotes - the crisis didn't "hit," it was created by idiots like the bosses who don't know enough not to sh*t where they eat. Yet another example -]
...[she] calls for a focus on income inequality...
[Here's hoping she focuses this further on income overconcentration due to wage-depressing labor surplus due to a pre-technology 1940 level of the American workweekfrozen deep into the age of AI and robotics.]
design features bibliography site map LINKS time trilogy I II III the big question the big goal blog
makework the history of the American workweek 30-hr. bill business 'cycles' courses legislation guarantee
contradictions in mainstream economics class in America growing disparity worst case plan economic design
How? By adjusting the workweek down & up - instead of firing & hiring - based on a comprehensive blueprint for a green economy
& a new worktime economics where, 100 years from now, people will be...
Timesizings 3rd way is centrist and deep green, not just light or pinkish green like the Green Party's grocery list of ad hoc, unintegrated & unprioritized issues. Timesizing satisfies the right with smaller government and bigger firmer markets & the left with a simpler stronger social safety net that makes the right clean up their own recessions instead of continuously inducing them by privatizing and concentrating profits & nationalizing and centrifuging losses. Our Timesizing solution is based on working models, American history (especially 1933), on economic design, on ecology, and on worktime economics, linguistics, Limits to Growth, and Buckminster Fuller. The deep green center is the future, and we strategize for the next 100-500 years, not just the next quarterly report or four-year presidential term. Our site is always under construction. *Asterisked links take you *outside our site.
(in deteriorating stages) (in stepped enhancements)
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