An op-ed piece the other day in the Times proposes lowering our productivity, not much, just enough.
Shock? Dismay? No. Sanity, finally.
... Low productivity is seen as a disease. A whole set of activities that could provide meaningful work and contribute valuable services to the community are denigrated because they involve employing people to work with devotion, patience and attention.
But people often achieve a greater sense of well-being and fulfillment, both as producers and consumers of such activities, than they ever do in the time-poor, materialistic supermarket economy in which most of our lives are spent. And here perhaps is the most remarkable thing of all: since these activities are built around the value of human services rather than the relentless outpouring of material stuff, they offer a half-decent chance of making the economy more environmentally sustainable.
Of course, a transition to a low-productivity economy won’t happen by wishful thinking. It demands careful attention to incentive structures — lower taxes on labor and higher taxes on resource consumption and pollution, for example. It calls for more than just lip service to concepts of patient-centered care and student-centered learning. It requires the dismantling of perverse productivity targets and a serious investment in skills and training. In short, avoiding the scourge of unemployment may have less to do with chasing after growth and more to do with building an economy of care, craft and culture. And in doing so, restoring the value of decent work to its rightful place at the heart of society. ...Tim Jackson, New York Times