21 hour working week (New Economics Foundation: NEF)

The New Economics Foundation (NEF) has just released a paper stating that a 21 hour working week is 'set to become the new norm'. According to the NEF "...so many of us live to work, work to earn, and earn to consume. And our consumption habits are squandering the earth’s natural resources... Spending less time in paid work could help us to break this pattern. We’d have more time to be better parents, better citizens, better carers and better neighbours. And we could even become better employees: less stressed, more in control, happier in our jobs and more productive. It is time to break the power of the old industrial clock, take back our lives and work for a sustainable future.”

http://neweconomics.org/press-releases/shorter-working-week-soon-inevitable-forecasts-think-tank130210

This is inspirational. That said, Isiah Berlin famously wrote "few new truths have ever won their way against the resistance of established ideas save by being overstated". Perhaps the paper by the NEF is trying to do something along these lines. I don't know many people who could handle a 50% pay cut - but then the principle is that wealth is spread and individual people are given the chance to focus on the pressing the matters stated above. The benefit is to society as a whole.

The important point is that an influential Think Tank has taken a stance on something (strangely) controversial that, if followed, could have major ramifications. I admire the principle and will follow the ensuing discussions with interest.