
We have the tools and technology to work less and live better
We can produce more stuff with less labor. So why are we still working? by Toby Phillips In 1930, a year into the Great Depression, John Maynard Keynes sat down to write about the economic possibilities of his grandchildren. Despite widespread gloom as the global economic order fell to its knees, the British economist remained upbeat, saying that the ‘prevailing world depression … blind[s] us to what is going on under the surface’. In his essay, he predicted that in 100 years’ time, ie 2030, society would have advanced so far that we would barely need to work. The main problem … Continue reading We have the tools and technology to work less and live better