I'm surprised to see no mention of the wage stagnation that has been occurring, at least in the US. Quite simply, people can't stop working if they need the money that 40 hours of work brings. Meanwhile, inflation keeps ticking up and housing bubbles at rates far above inflation.
It could, in fact, be argued that we have made negative progress since 1910. In that same time period, most households have gone from one worker to two as women join the labor force. So now, on a household basis, we are looking at 60+ hours per week instead of 40.
It could, in fact, be argued that we have made negative progress since 1910. In that same time period, most households have gone from one worker to two as women join the labor force. So now, on a household basis, we are looking at 60+ hours per week instead of 40.