1. Everyone works less (the government mandates a 35, 30, 20... hour workweek), raising the relative value of labor.
2. We collectively do more than the bare minimum needed for survival and comfort (the government raises taxes, spending them on activities like building sports stadiums or moonbases), raising the demand for labor.
1. Everyone works less (the government mandates a 35, 30, 20... hour workweek), raising the relative value of labor.
2. We collectively do more than the bare minimum needed for survival and comfort (the government raises taxes, spending them on activities like building sports stadiums or moonbases), raising the demand for labor.