Tuesday, July 15, 2008

BARRON'S ON BOARD

by the Sandwichman

"LIVING WELL IN THE 21ST CENTURY WILL REQUIRE THAT we soon begin the transition away from a capitalism driven by the quest for profit and growth," wrote James Gustave Speth in an "Other Voices" op-ed in the June 30 issue of Barron's, Changing the Object of Capitalism. Leading off Speth's prescription for transforming economic activity is a shorter work week. "The economy might even evolve to a steady state, where a declining labor force and shorter work hours are offset by rising productivity."

Gus Speth, meet Sydney J. Chapman and Ira Steward.

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