Productivity and Culture

 

Published March 25, 2001

Productivity will continue to increase - and at an increasing rate. This trend will bring us to the inevitable condition where the average person only needs to work very few hours to support their basic needs. This will most likely manifest as few individuals working very productively and supporting the needs of groups of underemployed people. Social safety nets will become easier to support (assuming that the standard of social safety does not increase faster than the improvements in productivity). Vast portions of the population will stop working. Cultural differences will become pronounced as individuals and groups 'specialize' in non-work activities. Quality and breadth of entertainment, interpersonal interaction, and self-expression will greatly improve.

Labels:



Comments:
Post a Comment

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Google
Web
Blog

[Back to Top]
Copyright © Dan Von Kohorn, 1999 - 2008. All Rights Reserved.
Article content is licensed under a Creative Commons License except where noted.
Creative Commons License

Investment Commentary
Use Maxmind
This page is powered by Blogger. Isn't yours? Blogarama - The Blog Directory

 

Important Legal Information: This is a personal web site, reflecting the opinions of its author. It is not a production of my employer, and it is unaffiliated with any NASD broker/dealer. Statements on this site do not represent the views or policies of anyone other than myself. The information on this site is provided for discussion purposes only, and are not investing recommendations. Under no circumstances does this information represent a recommendation to buy or sell securities.