Above a certain level of income, the relative value of material consumption vis-a-vis leisure time is diminished, so earning a higher income at the cost of working longer hours may reduce the quality of your life. More importantly, the fact that the citizens of a country work longer than others in comparable countries does not necessarily mean that they like working longer hours. They may be compelled to work long hours, even if they actually want to take longer holidays.

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About Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism

Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism.

Themes

  • Time — Reflections on the passage of time and how we spend it
  • Work — The value of effort, discipline, and meaningful labour

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