Since 1998, we've been tracking the mainline of human freedom, job-secured Free Time, without which the other freedoms are irrelevant or inaccessible.
Next to avoiding a nuclear exchange, this is our Number One strategic priority, because it gives everyone more job-security-based money and Free Time to take on all the other urgent priorities that are threatening our biosphere.
We also outline a market-oriented way to dissolve the freedom-threatening black hole in the money supply centered on Wall Street. We're the biggest & oldest website on achieving worksharing-based full employment without spurring inflation or clobbering growth but with maximum consumer confidence, marketable productivity, solid investment & financially secure Free Time. We're retro, always a day or two late, but we load fast & have 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 & 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, & despite *dismissal by 'experts,' it's the world's most common (but least publicized & yet-to-be fully exploited) response to downturn & it's reinvented thousands of times a day in every recession by businesses & governments. In each case, more jobs would have been lost without the hourscuts or furloughs -
SANTA BARBARA, Calif., USA - ...We should soon have the 30-hour work week as the standard... Why, when Americans now work more hours than any other developed country? ...It has a lot to do with the labor slack in our job market that Fed Chair Yellen has been talking so much about, and the declining health and welfare of American workers. Thanks to the tech revolution and huge productivity gains of the past 30 years, fewer workers are needed to do the same amount of work in the digital world. So if fewer workers are needed to do the same work, then why are more employees working overtime? Maybe because no policy maker in America has thought through the consequences... - see whole article under today's date.
SEOUL, S.Korea - ...The mandatory five-day work and school week..went into effect in 2011... - see whole article under today's date.
WASHINGTON, D.C., USA - A move by the White House increases the overtime threshold for workers to $50,440 a year from $23,660.
Millions more Americans who work in excess of 40 hours a week will qualify for overtime [premium pay] under proposed rule, Wall Street Journal, A1 pointer to A2.
Overtime eligibility to be expanded, WSJ, A2 target article.
...The White House said 12% of salaried workers were below the current threshold, compared with 18% in 2004 and 65% in 1975...
[Nice try but unfortunately, "this dog don't hunt." It incentivates employees to work overtime with a higher hourly wage and it doesn't really disincentivate employers in the age of benefits. We need a better overtime design that (1) more efficiently converts chronic overtime into training and hiring, no excuses, and (2) unambiguously disincentivates both employers and employees out of chronic overtime UNLESS they reinvest 100% of overtime profits and earnings in overtime-targeted hiring, and training whenever needed.]
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 can't simply project a pre-computer 40-hour workweek indefinitely 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 incl. hope)
- 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, Cambridge MA & updating from Kate's Kaffee, Somerville MA USA -
further *OVERPOPULATING America & India relative to job market & schools & lowcost housing & safetynet & fresh-water supplies &..&..&.., especially when tax dismissiveness by the wealthy has replaced stewardship - In a finite biosphere, every country should be moving to *steady-state migration (1998) or *replacement immigration (2010 update) *(one out, one in) & birth policy (one death, one birth) or at least polling for its citizens' limits on population variables as in Timesizing's Phase 5 -
lootin'- & layoff-triggering TAKEOVERS in the news (archives) = prelude to downsizing, last refuge of shortsighted CEOs - Can't grow your market share with more clients? Buy another company's! Buy instead of build market share! Then see overlap & lay off more of your customers' customers! = a suicidal joke: Sustainable CEOs don't do Mergers&Acquisitions =M&A(s) except in cases of corporate extrèmis such as bankruptcy -
Deal appeal: US takeovers soar close to $1tn fueled by cheap money and search for growth, FT, 13.
[Searching for growth = upsizing by corporate consolidation = downsizing? Dumba dumbdumb!]
what HOMELAND 'SECURITY'? = bit of a joke, even at the highest levels - wouldn't it be more efficient to get to the root of the problem & run our economies on a job surplus, instead of a job shortage and a surplus of insecure & resentful job seekers?! -
[Right in line with plutocratic America's general goal: Suicide, Everyone Else First.]
[except shifting from running the world on a few people with ownership of all the money and zillions of un(der)employed, to running the world on full employment and lotsa ownership = an employer-perceived laborshortage/jobsurplus to maintain/raise wages&spending&circulation and discipline management. The design problem is at the top, not the bottom. And the long-term problem is always the discipline of management, not the discipline of labor.]
Greece's Grek [market] down 22.1% this month.
Investors dumped stocks world-wide..amid the growing "threat" [our quotes] of a Greek exit from the eurozone, WSJ, A1:1 pointer to A1:2,C4.
Greece's banks give eurozone peers a glimpse into the abyss, WSJ, C8.
[Or less melodramatically, a glimpse into the status quo ante.]
Greek voters warned that bailout rejection would spell 'No to Europe[an Union]', Financial Times, p.1.
[Fine! Why's the EU trying so hard to keep a little economy that runs on tax evasion & laundering Russian money?]
[Investment in capital improvements, ie: spending?]
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)
Pie in the sky? Click on Design Solutions for rebuttals of Impractical! Unconstitutional! Socialist! Uncompetitive! Inflationary! Anti-small business! Lump of Labor Fallacy!...
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