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The path to utopia (with Nick Bostrom)
Clearer Thinking with Spencer Greenberg
The Impact of Abundance on Economic Productivity and Leisure
As production increases, there's potential for reduced work hours, yet historically, society has chosen to allocate much of this productivity gain to increased consumption rather than leisure. While advancements have allowed for longer childhoods, more time off, and shorter work hours, the primary outcome has been an escalation in consumption, often driven by competitive consumerism. People engage in a consumption race, striving for positional goods to maintain or enhance status, which underscores a zero-sum dynamic. Although there have been some leisure benefits, the overarching trend favors the accumulation of wealth through increased spending over reduced labor.
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