The Markets’ Greatest Failure

The market usually works pretty well. Resources are distributed, transactions are made and the wheels of the economy keep turning. There are occasional glitches and problems though an unrestricted free market still retains many proponents. However, there is one area where the market has failed so catastrophically that even the market fundamentalists cannot defend it. This is the markets disastrous treatment of the environment and global warming. Continue reading “The Markets’ Greatest Failure”

Three Day Working Week

Back in 1930 Keynes predicted that in the future people would only work 15 hours a week. We would become so productive that we could produce everything we needed while only working a short amount of time. Our lives could then be devoted to things we love and enjoy. Instead we are in a world of extremes. Some are lost in a sea of despair and hopelessness, ashamed that they cannot find work. Others are on the verge of burnout from overwork and stress, with no time for their friends or family. We need to stop and relax and enjoy things that really matter. The solution is to reduce the working week, initially to four days and then after several years to three days. There are 3 main reasons for this, it will reduce unemployment, reduce consumerism and increase leisure time. Continue reading “Three Day Working Week”