In an opinion piece for Euronews, Dr Nikolas Stihl, chairman of world-leading chainsaw maker STIHL, calls for reforms including a 40-hour working week without extra pay to safeguard Germany's prosperity and welfare state.View on euronews
But I don’t get it. Wealth doesn’t really increase by working more. For skilled jobs, working longer means you are producing the same output in more time and feel worse. If you want to increase production, you need to invest in research and technology.
Hundreds of years ago, one farmer could feed a hand full of people, today it’s probably thousands, thanks to modern technology. If the farmers back then would work twice as much, they could still only feed a hand full of people, but they would probably die a lot sooner.
I imagine the same thing which finished off heavy industry in the U.K. is hurting DE a lot also, high energy prices.
Less of a direct effect on assembly businesses, but for heavy production where your process is largely to convert energy to product its devestating. Then you lose those job while also having to pay another county for the product. It fucked us over here for sure
He said the same thing a month ago: https://www.spiegel.de/wirtschaft/unternehmer-nicolas-stihl-35-stunden-woche-nicht-mehr-zeitgemaess-a-a69431e3-905a-4c8a-ba45-abdaa6dfceff
But I don’t get it. Wealth doesn’t really increase by working more. For skilled jobs, working longer means you are producing the same output in more time and feel worse. If you want to increase production, you need to invest in research and technology.
Hundreds of years ago, one farmer could feed a hand full of people, today it’s probably thousands, thanks to modern technology. If the farmers back then would work twice as much, they could still only feed a hand full of people, but they would probably die a lot sooner.
I imagine the same thing which finished off heavy industry in the U.K. is hurting DE a lot also, high energy prices.
Less of a direct effect on assembly businesses, but for heavy production where your process is largely to convert energy to product its devestating. Then you lose those job while also having to pay another county for the product. It fucked us over here for sure