Technology and automation has led to much greater efficiencies and output for every human in the workforce over the last 50 years. How come this hasn’t led globally to less working hours or a shorter work week for the average worker?

Question

EDIT: Replace ‘every human in the workforce’ with ‘most people’. I agree efficiency has not been gained equally across all professions.

In: Economics

Answer 1

Because business owners feel that if you reduce working hours (without losing efficiency mind you) and not cutting pay you are somehow robbing them. They need to feel that you are working hard for your pay.