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[-] Cruxifux@lemmy.world 115 points 4 months ago

Which will be struck down almost unanimously because the US government is a cesspool of liches and ghouls.

[-] docAvid@midwest.social 58 points 4 months ago

I mean, yes? That's kind of the point. This is how we shift the conversation and put pressure on politicians. Put these bills forward and make people vote them down on the record, so those votes can be used against them.

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[-] 800XL@lemmy.world 24 points 4 months ago

Those corporate liches and ghouls are going to trickle down wealth any day now. Any day.

[-] tsonfeir@lemm.ee 15 points 4 months ago

Yeah seriously. Those fuckers barely work at all.

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[-] bartolomeo@suppo.fi 61 points 4 months ago

Sanders also pointed to other countries that have already made the move toward shortening workweeks. France has a 35-hour workweek and is considering moving to a 32-hour workweek, and Norway and Denmark have workweeks of about 37 hours.

The problem with this comparison is that those countries have socialized healthcare, so healthcare expenditures come from the tax pool. In the U.S., healthcare is privatized so if workers don't get burnout, injuries, diseases from stress etc. that translates to loss of revenue in the healthcare sector (but not for the companies that don't have to pay workers if they're out sick), and many of the decision makers in the U.S. are invested in the healthcare industry so there's an obvious conflict of interest there when it comes to anything that benefits the health and well being of Americans. And the numbers are pretty big when you consider how much more expensive healthcare is in the U.S. than in those above mentioned countries.

[-] inclementimmigrant@lemmy.world 42 points 4 months ago* (last edited 4 months ago)

Great idea, love it as a former factory worker myself. Hope it gets traction but let's be real, it has a Republican Christian chance of getting into heaven to get enacted into law at least for now.

As a white collar worker, of love to see a bill that just sees white collar workers just get paid their equivalent hourly wage when we go over 40. Fucking crunch due to unrealistic manager bullshit schedules.

[-] Furbag@lemmy.world 9 points 4 months ago* (last edited 4 months ago)

it has a Republican Christian chance of getting into heaven

Off topic, but, I love this as an alternative to "a snowball's chance in hell".

[-] GiddyGap@lemm.ee 37 points 4 months ago* (last edited 4 months ago)

I appreciate Bernie and what he stands for. But, unlike pretty much every other developed country on earth, the US, aka the no-vacation nation, doesn't even have universally available PTO. I'd start there.

[-] winterayars@sh.itjust.works 6 points 4 months ago

May as well start somewhere and this is somewhere.

[-] sxan@midwest.social 6 points 4 months ago

Start as extreme as you can, because you will end up compromising and getting less than what you asked for. The only question is: where is there line beyond which you won't even begin to get a conversation started. Wherever you decide that line is, start your demands there, because you will have to give something up.

I try to like humans, but I hate this part of humanity more than nearly anything that isn't an atrocity. If people would enter negotiations in good faith, and not having to play shitty games like this, I would like my fellow man far better. Then again, I also hate poker and other forms of gambling, and am probably in the minority about this.

[-] Suavevillain@lemmy.world 24 points 4 months ago

I do want this change, but this system is built off exploitation look at the child labor laws being rolled back.

[-] fishos@lemmy.world 20 points 4 months ago

My boss just told us all how this will "remove our lunch and break times and take away all holidays" trying to scare us. Leeches, all of them.

[-] Mistic@lemmy.world 16 points 4 months ago* (last edited 4 months ago)

Let's assess the effects this change could cause on real numbers.

Note: This is a duplicate of a part of a comment I've written here above as a response, but I don't want it to be buried. Hope that's fine

I'll take Nutrien's 2023 audited financial statement as an example. (Numbers in brackets are what's deducted to get what's not in brackets)

  • Sales - 29056
  • Freight, transportation, distribution - (974)
  • Cost of goods sold - (19608)
  • EBIT - 8474
  • Interest - (w/e)
  • EBT - 1952
  • Taxes - (670)
  • Net earning - 1282

Out of cost of goods sold (2858) is cost of labour, let's also add (626) from general administrative expenses, and just say it's all wages.

  • Effective tax rate - 670/1952*100% = 34,3% (wow, that's a lot for where I live, also ignoring mining tax for simplicity)

Let's see what happens to our efficiency if the changes take effect.

All of costs can be divided into Fixed and Variable ones. Labour, in this case, is Variable because we can manipulate it by employing more staff to compensate for reduction in working hours and keep the sales at the same rate. (Contract workers are usually Fixed Cost, but it's all relative, as no Fixed Cost is ever truly fixed.)

Going from 40 => 32, we have a 20% reduction in working hours. Mind you, this doesn't mean there will be a 20% hit to productivity. It may be more, it may be less (most likely less), for simplicity let's say it's 20%. So, we need 20% more workers to compensate. (2858+626)*120%=4180.8

  • New EBT = 1952 + 2858 + 626 - 4180.8 = 1255.2
  • New net profit = 1255.2*(1-34.3%) = 824.7. Mind you, the effective tax rate will probably be lower if employment affects deductibles and/or grants tax privileges.

So, our net profit margin went from 1282/29056 = 4.4% to 2.8%. Looks bad at first glance, but it's also a bad year. A year prior net profit margin was at whopping 20.3%, so a decrease from 4.4% to 2.8% would be nothing in comparison.

Will it result in increased prices? Yes, but it will also lead to economic growth, because more free time = people spend more money = companies earn more = companies grow faster, but so does inflation. If they can manage the inflation, I don't see why this couldn't be possible.

[-] Nevoic@lemm.ee 11 points 4 months ago

Reducing net profit doesn't have any impact on pricing in capitalist markets. It's not like capitalists have some specific profit percentage they are allowed to hit (unless they're in a very regulated industry like grid or water supply). They want infinite returns, and they'll increase prices as much as the market allows to generate more profits.

Capitalists don't look at a net profit of 4.4% and say "yup that's enough", but if it were 2.8% they'd say "damn guess we have to increase prices for customers, I really wish we didn't have to do this".

They might increase prices as a retaliatory measure. The same way businesses slashed hours as a result of Obamacare. They didn't have to, but it benefited them to, and they didn't see a downside.

They might be able to increase prices, blame it on this law, and have people who are aligned politically with them put up with it and maybe even support their business more to "stick it to the libs". They already do this with things like inflation, blaming it on Biden and then increasing prices far more than necessary.

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[-] Feathercrown@lemmy.world 14 points 4 months ago

We don't deserve Bernie 🥺

[-] blanketswithsmallpox@lemmy.world 16 points 4 months ago

He'd frown on you for saying such a thing. We absolutely deserve him, and more.

It's ridiculously depressing he's still considered the crazy edge-case in the government.

[-] autotldr@lemmings.world 12 points 4 months ago

This is the best summary I could come up with:


Sen. Bernie Sanders (I-Vt.) on Wednesday introduced a bill to establish a standard four-day workweek in the United States without any reduction in pay.

A press release described the legislation as “an important step toward ensuring that workers share in the massive increase in productivity driven by artificial intelligence, automation, and new technology.”

“The financial gains from the major advancements in artificial intelligence, automation, and new technology must benefit the working class, not just corporate CEOs and wealthy stockholders on Wall Street.

“While CEOs’ wages continue to increase, our workers are finding themselves doing more, yet earning less than they have in decades,” Butler wrote in a statement.

“The Thirty-Two-Hour Workweek Act would allow hardworking Americans to spend more time with their families while protecting their wages and making sure profits aren’t only going to a select few.”

In the announcement, Sanders cited several pilot programs and studies that show productivity improving with a four-day workweek.


The original article contains 494 words, the summary contains 156 words. Saved 68%. I'm a bot and I'm open source!

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this post was submitted on 14 Mar 2024
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