That sounds....huge. I know many working couples where one would probably take that in a heartbeat. You lose some money, but gain more family time and sanity. Having Friday to finish chores and being able to enjoy the weekend unstressed is huge, not to mention clocking out early each day to be able to pick up your kid and not have to get back to work or whatever.
I kind of doubt this will be adopted practically in Japan. The old people get time off and leave work early in Japan by privilege and the young break themselves and any rule they need to permit it. The young would even lie about taking time off to make the boss look good, even taking less pay to sell the lie. Who can have kids when you already have to change everyone's diaper.
Tokyo is set to introduce a four-day workweek for government employees
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Re: Tokyo is set to introduce a four-day workweek for government employees
#82I feel like it's been a long time fretting over falling birth rates and this is the first time I've seen anyone float the idea that making life better for people might make them a bit more inclined to make more people.
I am not sure about this one. In the past, quality of life was terrible compared to modern life but fertility was not an issue.
Why do poorer people have more kids? Sex is free, birth control and netflix is not
Re: Tokyo is set to introduce a four-day workweek for government employees
#83Re: Tokyo is set to introduce a four-day workweek for government employees
#84Earlier quoted context omitted.
This is a great argument for individual retirement accounts rather than using the young to pay for the elderly. In the United States, if everyone's social security tax were put in an index fund, then everyone would be millionaires upon retirement. There are solutions other than pleading with people to have more kids.
The idea behind OASDI (Old Age, Survivors, and Disability Insurance), more commonly known as Social Security, is not that you retire a millionaire. It's the US government saying "since we are a wealthy nation, we will not let you spend your elderly years destitute." That's it. That's literally all it is. It was meant to keep grandpa from being a burden on his family when he was too old to work, which in the 1930s mea…
Social Security has it's own funding stream, a tax on wages earned. It does not add to the deficit or increase borrowing. If the funding dries up, the benefits are reduced. This is the Social Security cliff we hear about all the time.
Re: Tokyo is set to introduce a four-day workweek for government employees
#85As much as I enjoy the concept, it’s already nearly impossible to get any goverment work done in Japan without taking a day off yourself. Everything government is open 9 to 5 and no more. It’d be more exciting if this was basically anywhere else, but I guess we have to start somewhere.
Re: Tokyo is set to introduce a four-day workweek for government employees
#86Re: Tokyo is set to introduce a four-day workweek for government employees
#87Earlier quoted context omitted.
The problem is not the absolute number of people, but the ratio of relatively younger people who work and produce something, and the elderly who already are too frail and can only consume (pensions, medical care, etc). Japan has now fewer productive workers per elderly person than most developed countries.
==Japan has now fewer productive workers per elderly person than most developed countries.== Maybe, over the long run, we could change the expectation that elderly people can't be productive. Perhaps eliminating 20% of the workweek will allow people to maintain careers that are longer? The need to race towards retirement may lessen if we ease the burden of our weekly work schedule.
Re: Tokyo is set to introduce a four-day workweek for government employees
#88Japan is forecast to still have 50 million people in 2120. I wouldn't call this a population crisis. With some rewilding it could be quite pleasant! I suspect companies are afraid of not growing, and governments are afraid to cut spending. Source: https://www.jcer.or.jp/english/new-population-projection-how...
When populations age and shrink, everything becomes more difficult. Fewer working hands have to support more elderly retirees. Less spending means less development, less maintenance, things break down and nobody can afford to fix them. Entire towns and villages slowly wither into nothing. It’s a long, slow, grinding, painful process with no other way around it. And it’s easy to say “maybe that village should disappea…
Re: Tokyo is set to introduce a four-day workweek for government employees
#89Earlier quoted context omitted.
The problem is not the absolute number of people, but the ratio of relatively younger people who work and produce something, and the elderly who already are too frail and can only consume (pensions, medical care, etc). Japan has now fewer productive workers per elderly person than most developed countries.
==Japan has now fewer productive workers per elderly person than most developed countries.== Maybe, over the long run, we could change the expectation that elderly people can't be productive. Perhaps eliminating 20% of the workweek will allow people to maintain careers that are longer? The need to race towards retirement may lessen if we ease the burden of our weekly work schedule.