Speaking as an American, I don’t give a shit if it increases productivity or not. Productivity has gone up exponentially with technological advancement since the advent of the 5 day work week. We, as a species, should be minimizing work to 3 or 4 days a week with equal overall pay. Corporations should be fined heavily for contacting an employee after working hours. On call should require corporations to pay hefty overtime. This is a compromise because really and truly corporations should be illegal. Employee owned co-ops are more humane.
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That would be ok in a non-globalized world. In our world, any country that implements those laws will see a lot more offshoring.
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> Employee owned co-ops are more humane
Speaking as someone born in Yugoslavia.
That's almost how it was in Yugoslavia. Companies where "owned by society", but workers had voting rights. Whenever there was a vote to decide whether extra profit should be used for capital investments and/or operational improvements or assigned to salaries budget, everyone voted to increase their salaries.
Not every employ should be a co-owner, or at least not everyone should have voting rights.
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This will never happen for the simple reason that there are some countries whose members are poor and so they are rightfully ready to work harder and longer for opportunities.
A more important point is why is it that Americans objectively are richer yet feel poorer?
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People should realise that they will be the ones paying for it. Prices will increase a lot. People need to be aware of that. Personally I'm okay with that trade-off. Also corporations - when checks and balances work properly, which is frequently not the case unfortunately - are great and net benefit for humanity.
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Do workers really care about productivity? As long as I get paid that's what matters.
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This all sounds great until you've actually had your own small business and experienced things from the other side.
Employees are expensive, good employees are hard to find, and sometimes things need to be fixed outside 9-5 to avoid having an angry client on your hands.
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