Marla_Singer
United in diversity
Well... where to start. Let's put it bluntly, Marx was wrong, and it's scientifically proven.On paper the 35H work week looks great and flawless. Much like leftist ideologies.
Many left-wing ideologies are based on mathusianist principles. To explain a malthusianist principle, here's an example. Because there is a limited amount of arable land in the country, the population cannot exceed a certain level. Of course, the alarmist projections from Malthus never happened. So what is the mistake ? The mistake is simply that productivity of arable land can grow.
Global wealth is not a cake in which each person getting richer necessarily empoverish another one. Global wealth are continuously growing, and there is no other way to fight poverty than to devellop the economy.
Malthus believed there was a fixed amount of wealth which consisted in arable lands. This has been proven as wrong because the same size fo arable land can see its productivity being multiplied by 100. Marx believed that wealth consisted in work, this is proven as wrong since we produce 1,000 times more for the same amount of work today than we did at the beginning of the century.
Wealth is nothing else than freely granted exchange. When I buy a pencil costing 80 cents, I consider that a pencil is more valuable to me than 80 cents, otherwise I wouldn't buy it. On the other side, the guy selling me the pencil considers that 80 cents are more valuable to him than a pencil, otherwise he wouldn't sell it. As such, both me and the bookstore's guy are "richer" once we have exchanged. The more we exchange, the richer we are. Hence, the only way to fight poverty is to exchange more, not to steal the pencil from the bookstore. Many economical theories are still disputed, but this one is scientifically proven.
I'm sorry to talk that theorically, but this is something which is very important to understand. We can't talk about economics seriously if we haven't assimilated that principle which is at the basis of the economy. This is the e=m.c² of the economics.
As a result of this, no, enforcing very experienced workers to get retired at 50 years old doesn't necessarily reduce unemployment, since this represents a huge loss of productivity. And no, reducing the amount of time being worked doesn't necessarily fight unemployment since this necessarily leads to a loss of productivity. Once you've understood that wealth isn't something fixed, that it is not a big cake that can be divided in more even shares, then both facts sound totally obvious.