We’re going to have to deal with working hours, because that’s the only way to stop expanding the size of the economy in any sensible way. So the core of what we need to do is to get back on the trajectory of using productivity growth to reduce hours of work. And that then opens up incredible possibilities in terms of rebalancing the labor market, integrating the unemployed, and having a fairer distribution of hours.

Source: www.truth-out.org

Great must-read interview with economist Juliet Schor on the crisis, consumption and the need to reduce working time.

See on Scoop.itThe Great Transition

Advertisements