May 6, 2012

ROBERT REICH: THE ANSWER ISN’T SOCIALISM BUT MORE WEALTH REDISTRIBUTION: Er, um, so wouldn’t that actually be more like communism?  You can’t make stuff like this up. Apparently the key to economic improvement isn’t harder work, increased efficiency, or self improvement but more aggressive wealth distribution and …… more leisure time?  In Reich’s words, “The problem is not that the productivity revolution has caused unemployment or under-employment. The problem is its fruits haven’t been widely shared. Less work isn’t a bad thing. Most people prefer leisure. A productivity revolution such as we are experiencing should enable people to spend less time at work and have more time to do whatever they’d rather do.”

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