Why hasn't economic progress lowered work hours more? (2016) [video]
Anthropologists David Graeber, has addressed this and offered the explanation with the observation that we as a society produce what he calls bullshit jobs. Almost 40% of Brits in a surveyed acknowledged that their job wasn&#x27;t needed.<p>People believing in effective markets would of course protest and claim such enormous inefficiency can&#x27;t possibly exist. Somebody will simply start a company without bullshit jobs.<p>However I think there is a good explanation why this doesn&#x27;t happen: <a href="https:&#x2F;&#x2F;medium.com&#x2F;@Jernfrost&#x2F;why-do-bullshit-jobs-exist-4f579eaa5964" rel="nofollow">https:&#x2F;&#x2F;medium.com&#x2F;@Jernfrost&#x2F;why-do-bullshit-jobs-exist-4f5...</a><p>In short, in any complex organization bullshit work will start accruing and there is no good mechanism to week out such jobs, because the people doing those jobs will have zero incentive to tell their managers that their job in pointless and not needed.<p>I&#x27;ve tried researching this on reddit and seen that a lot of work people do could have been automated. The people doing those jobs also frequently see this. However they have no economic incentive to do so.<p>This has lead me to contemplate that guaranteed minimum income has merits, because it would remove the disincentive to make yourself redundant, to some extent. Of course not in the case where your bullshit jobs is very highly paid, which is frequently the case.