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In Praise of Idleness

“Like most of my generation, I was brought up on the saying: 'Satan finds some mischief for idle hands to do.' Being a highly virtuous child, I believed all that I was told, and acquired a conscience which has kept me working hard down to the present moment. But although my conscience has controlled my actions, my opinions have undergone a revolution. I think that there is far too much work done in the world, that immense harm is caused by the belief that work is virtuous, and that what needs to be preached in modern industrial countries is quite different from what always has been preached. Everyone knows the story of the traveler in Naples who saw twelve beggars lying in the sun (it was before the days of Mussolini), and offered a lira to the laziest of them. Eleven of them jumped up to claim it, so he gave it to the twelfth. this traveler was on the right lines. But in countries which do not enjoy Mediterranean sunshine idleness is more difficult, and a great public propagan

On the ‘Evils’ of the Present Economic System

Did what Bertrand Russell say in 1916 still relevant today? “Advocates of capitalism are very apt to appeal to the sacred principles of liberty, which are embodied in one maxim: The fortunate must not be restrained in the exercise of tyranny over the unfortunate.” —  Bertrand Russell, Sceptical Essays (1928), Ch. 13: Freedom in Society.

Work

The assumptions underpinning our modern economy – that we are competitive by nature, that our desires will always exceed our means – were wrong. And second, it meant that for the vast majority of our history, while we roamed the Earth as hunter-gatherers, we enjoyed more leisure time than we do today. Lots of these things that we think we are hostage to are actually not a part of our nature. In a 2015 YouGov survey, 37% of Britons said their work did not meaningfully contribute to the world. In 2017, a Gallup poll of 155 counties found that only one in 10 western Europeans described themselves as engaged by their jobs. Though labour productivity has increased roughly four- or five-fold in industrialised nations since post-WWII, average weekly working hours have remained stubborn at just under 40 hours a week. A recent report by  Tax Justice  found that Britons think accumulating wealth is positive and morally right, and are broadly supportive of the ultra-rich, believing them to have b
K for Karl — Exploitation (episode 4)
Alienation [episode 1]
It is mot about stating the obvious; it is about how you state it beautifully and succinctly. Do we get paid what we "deserve"?
In  The Road to Serfdom , there is a rather chilling passage in which Hayek writes that “the manager of any plant” needs to be given “considerable” power, and approvingly quotes an engineer on the importance of economic spontaneity versus planning: “there ought to be surrounding the work a comparatively large area of unplanned economic action. There should be a place from which workers can be drawn, and when a worker is fired he should vanish from the job and from the pay-roll. In the absence of such a free reservoir[,] discipline cannot be maintained without corporal punishment, as with slave labour Freedom for whom?
I hear now and then that this or that person is on the left, this or that university is leftist, Le Parti Socialiste Français and the Spanish Socialist Party are socialists, etc.  The term " left" has become very loose and misleading over the last decades, and the blurring of the distinction has been deliberate.  What it means to be on the left
Insecurity and the New World of Work " Since 2007*, almost all the aggregate increase in employment in the UK is accounted for by ‘ non-standard jobs’ , according to the Organisation for Economic Cooperation and Development (OECD). These included low-pay self-employment, ‘flexible’ and zero-hours contracts and part-time work."