I have been thinking very pessimistic thoughts lately, but one is really bothering me… not unlike a fishbone in my throat.
Most of us have heard of Adam Smiths “Invisible Hand” theory, but is it the best answer to economics?
Certainly it is a very easy, natural and efficient way of manageing economics in a society… but is the greatest good really acheived? Competition implies many attempting to provide the same service or good, and obviously there is a duplication of effort here. We have 4 corporations competing to provide what one could - and in the end at a lower price if they didn’t have to worry about competition - marketing and advertising fee’s being an obvious cost savings, but the scales of economy probably being enough justification.
So the question must be asked - are we working to hard to feed the capitalistic machine? If we had only one organization providing each good or service would we not be able to work less? Maybe we could trade away our 5 working days + 2 day weekends for a 2 working day + 5 day weekends schedule.
We could emphasize more on leisure and family time. We work the hours we do now because everyone else is - we have no choice. As for the question as to how we regulate these industries to provide the most value from the resources they have - that’s another academic question - but in theory there could be other ways to ensure this.
This has all resulted from my thinking that we spend way more time working than we should. Mixing up our priorities so that we spend our best hours slaving for a corporation and kissing ass to a boss who treats us like crap, then come home without any time for our kids and chew out the wife and kids cause we’ve had a bad day at work. Disgustingly backwards.