Hey guys, experimenting a little with the videos on the channel! This video is edited from my last livestream - I had a load of fun doing it and will likely be streaming again on Friday @ 7.15pm EST! I would love to cover more interesting stories like this and consider how they affect us as a society. Anyways, hope you enjoyed the video!
You are talking about politics, potential homelessness and misery while your body lenguage is saying you are having the best time of your life. Far too many smiles. To make great analogy. Would you smile a lot if you talked about S.?
Greece is facing a democratic economic dictatorship. Corruption and an army of people that benefits from this. But the real issue is that they force you to leave (the brain drain) because the rest that stay is easily to manipulate. Old people and state employees are dooming the country, especially the old people. But in real economy we have the median sallary of 2010 but with prices 50% more and even more. Olive oil is 100%-200% more energy is 100% more . The six day work week, is not for everyone but by law you can not deny working now. Thats why so many people do not want to work, working for pennies as slave is not something you want.
Intellectuals and their ideas... Take the saying "10'000 hours to master a craft" into the equation and you quickly realize 3 x 5 x 52 = 780 means ~13 years. The main reasoning is that no regular man can train their craft unless it produces a product of value. (you would spend close to 6 years in training in any profession compared to todays 2 years).
I live in Greece and recently got my Electrical and Computer Engineering degree. The moment this was announced, every conversation about our future with other recent graduates or people that will be graduating soon devolved into statements of the nature "I am not staying here for a minute longer than necessary", even coming from people who up until recently wanted to stay here (for whatever reason) against all odds. It's absurd frankly. The government is supposedly trying to fight against "brain drain" by giving incentives for people to return, while not giving a fuck about the people that are still here (which is a much easier decision that someone deciding to uproot their life abroad to pay the same cost of living with half the salary). Our generation has all the information available, we are not stupid to stay here when in the rest of the world the call for 4-day workweeks or 6 hour workdays is gaining momentum.
Hi from Greece! Another interesting fun fact is that Greece hit the bottom in EU in regard to press freedom. Your channel has analysed more thoroughly what is going on in Greece than the majority of all the Greek media together
This is the logical conclusion of socialdemocracies, and my home country of Spain is also good example of this: sell the population the lie that salaries and work conditions come from daddy guvmint forcing employers to be good through labor laws, create massive unemployment by artificially inflating work expenses, and now the employers have way less competion than the employee, lowering the standards... and the worst part is that the general believe of the people is they need more regulations, more of the poison that keeps them poor If they are going to have to work 6 days is because they have to pay all the work expenses that socialist policies create, not because daddy guvmint has betrayed muh working class for the spooky capitalists
Meanwhile all tests with 4 day work weeks seem to have positive results. Its almost as if working ourselves to the bone doesn't benefit the workers as much as the people making bank of their labor
Eh… That’s just what early “socialists” said/measured/proved 180 years ago - but we’ve “hated” social narratives the last four decades… Who told us to do so…?😅
For rich countries - yes, since the majority of the workforce works in white collar jobs, where your decision making is more important than raw hours. Greece though is not a rich country.
There was an article in Canada saying something like "Greece did the 6-day work week, could it work for Canada?". My immediate reaction was F--- no. They talked to some economist that thought it would help Canadian "productivity" and might be good for us aka the Economy (all hail the Economy!)... but how are they measuring "productivity"? Where is the data and the research? Greece has just done it and they don't even wait to see how it goes before trying to push it elsewhere. I hope the workers revolt and can push for something better. Workers deserve dignity, we are humans, we deserve a life that isn't ONLY work. Workers rights are human rights, and we deserve more.
As a Greek working in the private sector since I was 18, I've never worked 5 days/wwk, it has always been 6. Usual hours per week are around 60, with my personal best being 70hrs per week. Currently working summer season 7/7 no days off until October. The situation is much worse than the graphs actually show, since overtime is never insured by the employer, and if you say no he'll just fire you and hire someone else. Unreported work hours is the most common thing in the private sector in Greece. The only way to live with dignity is to leave Greece. Happy for those who made out of this hell.
@@lefu7812nope at least here in turkey idk greece. If lets say you are min wage worker your salary is monthly based not hourly based. There are people working 50 hours a week vs 60 and they get paid exactly the same. Overtime pay doesnt exist either everyday you have to work 10 hours as standard and then might have to do extra overtime OVER THAT. My friend was civil engineer and sonetimes worked 12-13 hours a day meaning extra 2-3 hours yet kept getting paid same due to wages being monthly and not hourly and that giving companies the ability to not pay extra for overtime
i always worked 5 days per week, on average 40-42 hours per week, so a regular full time job with little overtime here and there, in november and december 2023 i had to work 54 hours to week, 6 days by 9 hour and was awfull, it was depressing and soul crushing, all my free time was spent on the couch watching stuff on the tablet because i was too depressed to even sit on the chair in front of my pc like right now and in top of that you dont even hang around, travel, enjoy a little bit the live, visiting some shops, so is not only bad for you but is bad for the overall national economy
I love how the Greek leadership will invariably scream at its own population for not having enough children and at every turn make sure they have less time for it.
In 2007 I was 18 years old, first year in the university. There were protests back then due to the drop of the minimum wage to 700 euros our generation was called the 700 euros generation. 2-3 years later, if you could get a job with 700 euros you were extra lucky. The only people I knew then, close to my age, that could get 700+ euros/month were either overqualified, a friend from ukraine who could speak fluently in 4 languages besides greek, another friend with a phd etc or they were working without insurance. The years after that were going from bad to worse with the corruption. Today the minimum wage is around 800 euro which is still less than in 2007 considering the inflation. And it's not just that. Today's government controls all the mainstream media and has an army of trolls in all social media, and there are huge scandals that are buried under the rag using this power. They call people "enemies of the state" or "turkish spies" (not joking) etc just for expressing an opinion against the government and their measures. About the 6 day work week, they said it is about a specific type of companies but we all know it will end up be normal for everyone later. People who spoke against this measure were called lazy, freeloaders by media and gov trolls and it's relieving that at least people in other countries can see and speak the truth. Corruption in greece is in another level and even we haven't even grasp it.
Man, I feel for you. I'm Hungarian and I'm living in my homecountry. The corruption is so bad, I wanna cry. The manstream media is in the hands of the party and our politicians lick Putin's ass as if it was an olympic sport. Since Corona19 started the government is governing with orders and the more shittier ones are voted on in the middle of the night. The worker's rights suffered a great deal, the healt care and education is a big pile of absolute shit.
@@vivienkoles1880 Sounds similar to what's happening in America. They shut down schools, medical care takes longer than ever. Housing costs are higher than ever. Our nation is an ocean away from Moscow, yet we fund a war in Ukraine that benefits no one but arms manufacturers. And perversely, Putin, Russia, India and China. The war gave them the license and influence to build up the power of BRICS to rival NATO. If instead of war, the US decided to put money & resources into the working class, and stop punishing other nations, taxing them with patents & copyright and spying on them, most of the whole world could begin to improve.
We are experiencing the same things in Turkey, down to every single detail. The country has turned into a monarchy and Erdogan does whatever he wants. He even rejects the decisions of the constitutional court. He officially puts his word above the constitution.
This reminds me of our old Polish goverment. Calling the main opposition leader a german spy, giving out free money to their voters... We're at least lucky that they don't rule anymore.
Overproduction doesn't help, either. It's widely regarded as one of the primary causes of the Great Depression, so Greece is speedrunning worsening their situation.
And It's only been a Year since the last election. We have three Years to finally boot ND out of Government. Yet Anti SYRIZA sentiment and bad SYRIZA Leadership will probably boost ND into Power
@@HiSodiumContent too many commodities are produced than can be profitably sold, and too much capital has been invested in industry, in the attempt to claim a share of the available profits. workers can't afford to purchase what they make and the thing seizes
Wrong. All that's happening, is that we are going back to how it used to be, at the end of the day, 40 hour week wasn't started out of good heart, or efficiency, or productivity. It happened because the EU court system, with UK's parliamentary system, with the example and help from Henry Ford first introducing 40 hour work weeks in his factory (which affected other companies and their staff retention rates) made the companies cave. But EU court system isn't as stringent anymore, the UK's parliamentary system is in complete ruins, and there's no rich guy to show that "Hey, I can take away all of your employees just by treating them better) Which is why, over the last decade we are seeing increase in the average work hours per week (Not in a sense of people willingly working them, but employees putting them up as base hours, e.g. UK being 42, and 48 if you go on continental hours, but if you do that, you're most likely better off slapping yourself in the foot, because in most employments, employers break the limitation on 48 hour week limit, and gaslight employees into thinking that they should pick up EXTRA overtime, forcing them into a 60 hour week through illegal means. The list could literally go on, but TLDR; We are going back to how it was before EU, UK's morally filled parliament and Henry Ford, because truth is, companies would rather work you to the other life, while underpaying you, than care about efficiency, productivity, or any of that nonsense. With experience working in factories, restaurants, retail, and building sites, and different brands, I can safely say, no company is your friend, and they all wish they could still make people work through their breaks for free (Some companies still to this day do that, using gaslighting, for emotional and mental ab use to break the person down and make them feel like they have no choice but to do it, and because it's never done in writing, good luck proving it.)
I live in Greece and I can safely say it's an almighty galactic clusterfuck of an economic failure. We hear of our fellow countrymen and women moving abroad and earning 5 times our wages and it seems unbelievable. But we are so conditioned to suffer that we cannot imagine that a nation has something better to offer to the lives of its citizens. If greece was indeed the birthplace of tragedy and comedy, it is giving its greatest performance to date. What a fucking sad state of affairs.
Damn bro those last lines fucking raw as hell they brought a tear to my eye. Hopefully someone steps up and gets voted into power to help get things back on track. Wishing you all the best.
I used to work two jobs and between them I would sometimes go 2-3 months without a single day off, in addition to working a double 1-2 days per week. And let me tell you, no time off absolutely wrecks your mental and physical health. Never getting a chance to sleep in or make appointments or having a day to get things like errands or cleaning done. You have to come home after a long day at work and you still have laundry to do, grocery shopping, cooking, cleaning. It just piles up and next thing you know you're eating ramen out of disposable bowls and have gone through every single item of clothing. Then add in never getting to spend time with friends and family and your mental health plummets.
Guys in case you didn't know, most of the time people here work an illegal 7/7 work week with 10-12 hour shifts and the extra 2-4 hours daily and the weekends are without insurance and most of the time unpaid as well. The current work trend right now is: wait for tourist season, go to an island where you will stay in a moldy hole with 2-5 other people, work until the end of the season in the mentioned conditions and pray you don't get sick cause you will be fired since they don't want you not working. The pay is barely if at all above the minimum wage and you constantly get yelled at and insulted by not only the entitled tourists but also your superiors. And people here wonder why all our young leave this place never to return
We have the exact same situation here in Portugal. No contracts, no social security contribution for workers, no medical insurance, no respect, they don't even offer you a coffee. And just barely enough pay to have a roof above your head, no time, no sleep, no leisure, no holidays, no dreams. Just back breaking work until the next laid-off inevitably comes.
Unfortunately you're right and I am greek so, this is a reality for many people.. there's few cases where your employer will actually follow normal working laws and give you a decent amount of pay. I've been in both situations and it's exactly as it sounds, shit.
@@bigsussyopsec to be fair, we did kinda bring it on ourselves back in 2008.. our government was not doing what it was claiming to be doing. Figures why people voted for them, too trusting
Bro just give 2 employee. 3 days work week Not only same ammout of hours. But also if one has a sick week of isnt avaidable to work. Well you get 1 as backup Companies should stop promoting people to manager positions just because they senior in company. They the ones that pitch those weird management ideas to governement
Well just look at China's 996 system - 12 hour workdays (from 9am to 9pm) 6 days a week. And the result is one of the most unequal societies on the planet.
As a greek person who entered the workforce 2 years ago (im 22 rn), there is only one hope for young greeks. Leave. And the funniest thing is that a while back there had been ads on the tv warning the young greeks of the falling birth rates, as if its our problem that we aren't having kids when its literally hell to do so in this economy. Yes, the government needs more young people to enter the workforce. Are they willing to give any compensation to keep the youth from leaving or any benefits to those having children? Nope. I've seen both my parents go from being happy people to having worked themselves into dust. My dad was working 7 days a week with no off days at some point in some factory, 10 to 12 hours a day. There was a day back in 2014ish when we had no money and mum found a 50 euro bill by accident and it literally brought food back in the fridge. Idk what else to say, I stumbled on this video on accident but it describes the situation pretty well. (I'm not gonna talk about the inflation in food products or the fact that power bills are skyrocketting. So yeah. My only hope is leaving the country, I don't even care about getting my degree in art)
You got this aderfe mou. Get yourself and your loved ones right. Do what you have to do because nobody will care for you more than yourself. Better times are coming.❤
As a greek, I am becoming more ashamed of my country each passing day. There is no option for youth but to abandon the sinking ship asap. The country is for the wealthy (who still send their kids abroad) and the tourists. He have turned into Hawaii. Greece is paradise for foreigners and a nightmare for the locals.
Employees can opt out if they stood up for themselves. But people give their power away all the time & that’s why this 6 day work week is happening. It’s sad how weak people believe they are.
@@semplybalanced3210yeah, because they’re not. If you could get a quarter of the population to agree on a subject, you have enough staying power to enact change at a societal level
employees CAN opt out , wtf are you talking about ? And it applies at super low level jobs , jesus with the misinformation. If you didnt ever study in your life , yeah the employer takes advantage of you because you have nothing competitive to show. Happens in every country
@@andrewchron Employees cannot opt out bro. If almost all employers choose to do this (which they will, it is cheaper for them to do this than hire new staff), then the employees will not be able to easily quit their existing job to find an employer who doesn't do this.
@cantin8697 i was born in a poor family , started on my own to learn coding and sysadmin/cybersecurity, countless of hours every day and guess what ? it paid off and now i can provide for my parents too. Nothing is easy if you dont put an effort and INVEST IN YOURSELF , money comes after that easily. formal education is a thing of the past wtf are you talking about , most people in my job as programmers dont even have a bachelor. you dont need to be rich , you need to have brains , be motivated & persevere until your skills pay off
Im a trainee in an electrical company and I have 4 days work week. That's the best thing ever. On Friday, you could rest properly knowing that tomorrow is Saturday and you have nothing to worry about. In the normal 5 days work week in the Saturday you're super exhausted, and you just rest the whole day, then during sunday, you think about monday the whole day. 2 days rest 5 days work is such a bullshit, I can't imagine what Greek people with 6 work days feel like, I hope things get back to normal again for the Greeks.
As a young man in Greece, there is literally nothing to live for over here. Our debt is insane, smart people are bolting out the border as soon as they can, every major resource has been sold off to someone (airports, docks etc) there is absolutely no politician whatsoever that is not corrupt, and the people who remain don't show up at elections to try and change something. We have an "elected government" when half the people in the county didn't even bother to vote. Also don't forget the geriatric populace, with all these old people who do vote voting for parties like Nea Dimokratia out of habit even though they are responsible for HEINOUS crimes. It is absolutely a jungle here.
Hey young man in Greece. here is a 40years man in Grecce. Do you know why we dont riot over this suposedly 6 day work law ??? because its just for a few factories that workers need different law than the one we have now because extra hours dont count forpension and they are payed less for extra hours. This is communist propaganda as they did 2 years ago when they claimed that we will be working 10 hours per day Looool
@@СлаваССС-м4с he not wrong tho here in brazil jobs that force people work 6 days week usually pay the same ammout than a 5 days work so people just dont work as harder than the other
Greek here. Everything you said about Greece is true. We are actually not happy, but most of us vote for this government, or don't vote at all. So, our prime minister feels free to do whatever he wants. And why wouldn't he?
Also if 6 days work week is legalized, soon they will start demanding overtime on the 7th day. When you do 100%, they demand 110%. Once you comply, that's the new bare minimum. You will soon be asked to give even more. That's my experience after 10 years of factory.
Yeah made me quit last job. F this. You get more out of social security when it comes to money, when working hard and then getting taxed and getting less. (this includes gas, food and other thing that get you to work) Not to mention you dont ruin your health. Most of worker bees run of caffeine wich is a total drug and not good for your body over the years as you overwork it.
Yup, the bar keeps getting raised so that when you reach 100% it becomes your new 90%. But you don't get a raise, because even though the bar has been raised several times you're still only doing 90%, and we don't give raises for only 90%.
@@Krysnha Like South Korea where in theory workweeks are of 40 hours, but your employer have the right to demand 12 more hours per week... so 52 work hours per week, but in reality the average south korean worker works 80 hours per week.... and then the government complain about the lack of children and the low fertility rate LOL pikachu face
I'd rather change my lifestyle to work 4-5 days a week and spend 2-3 days a week with my family instead of financing my boss's next Porsche or Audi RS6. Simply leave out cigarettes and alcohol as well as the remaining industrial waste and instead eat real food and spend time in nature (especially in the forests and by the lake).
Greetings from Greece. one of my major problems as a citizen here is that the Employers are just as harmful as the Goverment is, it is true that we usually work 6 days anyway... and now it's legal i suppose but we all know how hard is to find new job... and employers have a big variety of options now since... everyone is desperate for work... They can make work unpaid overtime hours and 6 and sometimes 7 days the week and we... can't really do anything... cause anytime we say no i could mean losing our already hard to find jobs.. and we ll replaced almost the same day no problem. i Currently personaly, work 12-14H per day... 6 days the week and my salary barely makes amends to have some extra pocket money each months to go by, while also have little to no time to spend it on myself... that could just be me... but truth is most of the people i know, see and hear are also on a similar spot. Corrupted goverment, corrupted Empoyers... and a position for employees to feel like they work in order to live, or... just leave the country...
This video and these comments are eye-opening. I didn't realize how bad things were getting in Greece. As someone from the outside looking in, it makes me sad that a nation with such a storied history is treating its people so badly that they want to leave. It's a disgrace.
It's disturbing how foreign the concept of "Working people are people" has become. You're not getting as much work out of a 6 day week as a 5 day week? Well are you surprised? What exactly are you working for if you work 6 days a week? Most people have jobs not careers, they don't derive joy from working, it's a necessity. If people are working just to survive to work more, nobody is going to put much effort in. People need to live, not just survive.
Your comment has to be made into banners and displayed everywhere. 5 days a week is fine, it's the basis for the majority of workers, 4 will be good for family time, social life and wellbeing, 6 days a week now the worker begins to be nothing more than a piece of machinery inside a factory.
Yeah, Japanese corporate workers do a lot of unpaid overtime, and they’re not even that productive during the late hours I read. It’s mostly to keep up the appearance of being productive.
@@Michael-590 Yes, the "unwritten rule" of not going home from work before your boss leads to Japanese workers just sitting at their desks waiting for the boss to leave. Can't be good for your mental health to eat into your leisure time that way.
Yeah show up to work, work smart, and hard, then go home and live for yourself, don't spend time standing around on the clock, you waste your life pretending to work.
and yet, German political parties would rather implement 6 day weeks instead of 4 day. Just like it was decided to let everyone in the service sector go bankrupt and homeless rather than do anything near UBI for like, a month during covid.
I'm confused: Germany has a 6 day work week? Do you see shops closed on Saturdays? If you park somewhere where it says "max 1h on workdays" on a saturday you WILL get a ticket, if you stay there for longer than an hours.
Maynard Keynes over looked a simple fact. If you find a way to half the labour required, the boss does not give *everyone* half their time back. They sack half the team and pocket the difference. That's basic sense.
I think the fact he overlooked was much more basic, tbh - the fact that he was just a guy in the 30s, and in the 30s they thought running water and electricity were indulgent luxuries. It's entirely possible to live like a depression-era king on 15 hours (or less) of work a week - hell there's an entire subculture of weirdos that make a living being professionally homeless and shitting in buckets. They call it "homesteading" and it used to be the peak of the American Dream, lol.
As a 20 year old Greek, I have worked for two "seasons" in hotels in Greece, on the first hotel I got no days off 7 days a week 8-10 hour shifts, on the second hotel I'm working 8 hour shift 6 days, it's hard and I'm leaving in August, no wonder everyone is leaving
@@Tonyx.yt. nope. You are scheduled days off, it's just that your employer will ask you to come in those days. It's ultimately voluntary. This guy was specifically scheduled entire weeks. Can't compare them bro.
As a 41 year old greek, I can confirm that your evaluation of the current situation and the historical beats/reasons are correct! The only thing I would like to add is that overtime in Greece is not shown- workers rights have been suppressed to a point that overtime is a daily practice (with most companies require at least 2 hours of unregistered overtime with no pay - under penalty of being fired). Cheers for the great video and the vibes!
"And it brings Greece in line with the rest of Europe." Meanwhile Belgium, Norway, Finland, Netherlands, Switzerland, France and Germany, are all experimenting with 4 day work weeks. The problem in greece is that, all our politicians are completely braindead, slow, completely out of touch and lack the brainpower to do simple calculus. Our current government are spearheading a rework on our education system. The problem is that almost of our politicians didn't bother with going to a public school in Greece. The vast majority of them either went to school abroad, or went to private schools, leaving them out of touch with reality.
Its a good decision. The rich part of Europe got where it is by hard work and discipline not by 4 day work week like theyre advocating now. Greece society will become tougher and their economy will catch up to the western European economies.
@@themoonrider351 Greeks have already the longest working hours in whole Europe. The 6 days work, will make it even worse. You have no clue what is happening here in Greece. Family planning just got even worse. Depression is all time high...
And our Prime Minister had the audacity to say "It is not a 6 day/week work. We provide the"" Opportunity "" to work a 6th day." And they do not clarify if the denial to work the 6th day is a legitimate reason to be fired.
The law states that any business that has an unexpected workload can force their employees to work a 6th day and they can only refuse if they have serious health problems and proof from a doctor.
@FantomMisfit of course, you think the politicians work for the people who voted for them? Nah they work for the big corporations that pay their bills.
WHAAAaaaaAAAAT??? Increasing working hours DECREASED producTIVITY??? Who could have predicted THAT? Oh? Literally anyone who made a legitimate attempt to optimize labor efficiency? There's an entire field of social science that demonstratively proved that that's what happens about 50 years ago? Oh my.
Just remember that imposing a 6 day work week on a middle aged couple means one more day they have to pay the babysitter and one less day to go and take care of their elderly parents. This is masquerading a punishment as a reward and it's disgusting.
In some cases it might be fine to work more, because they don't have kids or elderly parents, or their kids are a bit older already, or their parents are healthy and don't need it --- But either way the government imposing one-size-fits-all models on citizens will be very bad in some cases, much better to leave people alone to make their own choices.
@@Tuatara1989 Yep, big difference people volunteering to pick up shifts and the literal government mandating it. When I was in college I used to offer to work holidays. I got 1.5x pay and my co-workers with kids were able to enjoy the day. But if my boss would have demanded I work that day my immediate response would have been "screw you."
@@empressmarowynn Perfect, you can earn extra, the others can have their holidays and the employer can stay in business! but I think it's true broadly, imposing things by force gets hostile reactions, creates conflict.
I agree with you, but the counterargument to that would be that worsening labor rights would attract investors and companies (thus the "growth-oriented" keyword). If more investors/companies come, then that would theoretically mean more jobs and more taxes. I'd say your argument is left-leaning, my counterargument is right-leaning.
a lot of the unemployment is due to people working illegally so the real number is actually way lower than the official stats which explains why there is massive worker shortages in greece in most sectors of the economy
@@bebel4298Worsening labor right and currency to attract foreign investment is the economic doctrine of Turkey and it hasn't worked out great for them. Ahh, it's almost as like left wing people want good for the majority at the expense of the minority, while right wing people want good for the minority at the expense of the majority.
24h Greek worker. It's common knowledge that greek businesses take advantage of workers and manage to avoid taxes and paying the legal wages because of poor control by the government. This law accomplishes one thing: employers force 6 day work weeks while avoiding paying the overtime. The Mitsotakis government has been disastrous.
Greek gov: We have almost a third of our population unemployed, what do we do? Let's have the remaining 2/3 work 6 days a week! That surly gonna turn out well.
There's a story behind this. It's because Greece and a lot of the Balkans in general are a low trust society due to Ottoman occupation. They are very cliquish and tend to center around local communities opposed to the larger society. The geography plays into this too, it's why Greece had hundreds of city states in the past. So the govt is very limited in what they can do. How do you fix this? Long term social planning, aiming to integrate the country into one direction. Instead they are doing the dumb option. Also why underground markets spring up to fill the gap. Especially mafia like in Sicily.
@@nicholasgutierrez9940as a greek I know that the taxes to small businesses are very high.You can even get taxed even if you don't make a loss in the business.At the same time I only recently have heard abou two rich people who voluntary pay their taxes
@@nicholasgutierrez9940 Ok so from what you're saying and what the Greeks in the comments are saying is: Our lawmakers are mega out of touch to the point none of them have ever seen our working conditions, the physical separation makes it worse and we both don't trust each other 👍
Hi man, Greek here... a couple of things. Firstly, working 6 days a week or working 9 to 10 hours a day in many jobs in the private sector is already the norm in Grecce, especially after the financial crisis. The reason the goverment is passing these laws in the last few years, in my opinion, is to legitimize these practises. See, it's cheaper for the employer to have his bussiness understaffed and have his employees work to death, than to hire extra people and pay for their insurance, benefits etc... As for the brain drain... If we are already losing our best due to working conditions/wages , with these new laws , it's only going to get worse...
@@ggimas whose side are you on by saying this? It doesn't matter whether 40 hours is part of the law or not, employers still make you work longer hours with no penalties for doing so. This new 6 day law will only make matters worse because they can now legally make you work for longer. It should be the other way around, it should be that the government serves the individual and protects them from toxic employers. Don't get shit twisted.
@@ynlay-yt If employers make you work longer, then they break the law. But most likely the employee and employer are already and routinely breaking the law by not signing a contract (mutual consent here from both sides) and receiving/giving payment "under the table" or as the Greek term is "with black money". The reason for that is because taxation is extremely high in Greece (for both of them) if one tries to declare all their income in Greece, it is very likely to end up paying something like 60% tax. That's Swedish level taxation in a country with very low incomes and high prices. By bypassing "the system" like this they are bypassing the various protections that the system may offer, the state looses taxable income, and creates a black market of employment that is not centrally visible to anyone. This particular law (the 6 day one) is not making anything different other than allowing more 8 hour shifts to those who do follow the law. Another problem with GR is the complicated and contradicting legislation. There are laws that contradict other laws. When someone is trying to be legit, in some cases, it is impossible (they will break one set of laws while trying to comply with another) this creates a business/investment unfriendly environment which drives serious (willing to comply with the law) employers away. I do agree that the state should serve the populace, but no Greek government ever saw itself this way, and there is no political party today in the GR parliament that sees itself this way.
@@ggimas You surprised me with your reply to be fair. And yes I do agree, that is the way it has played out for multiple years. My main concern for this particular law is that it will not just enable people who want to do it legally but also those who have been doing it thus far illegally. Meaning that if you can now make your employees work for another full work day legally, then you can add another couple of hours on top of that illegally, like you have been doing before this law existed. Essentially, it just makes matters worse.
@@ynlay-yt No! The law breaker can break the law (and has been) even if this new law didn't exist. Before the new law he could ask you to work all 5 days and he could also tell you "show up on Saturday or you're fired". What were you going to do about it? Sue him? You have already evaded taxation along with him. The new law will only give him another excuse he could use. However the legit employer will stick to the law and not violate the 40 hour a week because he knows he has more to loose (his business) by braking the law than by sticking to it. The problem that Greek employees have, is that this legit employer is a very rare occurrence in Greece. The business unfriendly environment and high taxation has either driven this employer abroad or bankrupt
- We need to promote economic growth - Why is growth so good? Because it benefits the rich? - No, silly! Growth creates jobs so it's good for the poor. - Good! How do we create growth and thus jobs, then? - Legislate the six-day working week so corporations will burn out their existing workers instead of having to hire more That's neoliberalism for you in a nutshell
We have several studies that show that a SHORTER work week boosts productivity because people are highly motivated to get sh!t done and fresh because they had a glorious 3 day weekend. Longer shifts mean people are more stressed, less relaxed and energetic and therefore produce less work PER HOUR and more errors - errors that take more work to correct. This was the exact opposite of a good decision.
@@ronnelacido1711 Obviously there's a limit. Shortening the week helps because people run out of gas after a while. No idea what the golden number of hours and days is, but the experiments with a 4 day work week show improved productivity for the company and improved happiness among employees. Might sound funny, but that's how it seems to shake out right now.
Greek lawyer here. Labour law was never my field of expertise, but I try to stay informed, nonetheless. Your bullet points were accurate. The recent law passed by the government (Law 5053/2023 - ΦΕΚ Α’158/26.09.2023, articles: 25, 26 & executive Decision No. 113169/2023 - ΦΕΚ Β’ 7421/28.12.2023 of the Greek Ministry of Labour and Social Security) allows employers to introduce a sixth (6th) work day during the week, if one of the following conditions is met: (a) there’s an urgent and justifiable need for the business or (b) the business by nature operates 24/7 (e.g. factories, hotels). The law obviously goes into further details about the work hours, the shifts, the salaries, e.t.c., but you get the overall point. The reasoning behind the law is basically to help businesses deal with worker shortages. The Greek government, trying to do damage control, claims that it’s not a “six-day work week” but instead “just an occasional, extra shift” for certain businesses who need it. The main problem that the Greek legal community talks about is the legal inability of the worker to decline.
Man we already get the 6 day a week and even a 7 day. Who's gonna follow the laws really? Because so far I saw nothing happening no development and no growth but stagnation.
"Urgent and justifiable need" Well if Covid taught us anything, every job is neccesary for the economy, and those people are heroes are working it. So good luck to employees telling their employers that it's garbage.
"Urgent and justifiable need" is way too vague. That's almost a challenge for employers to make up any kind of bs scenario as a crisis. Also, as a factory worker myself, working people with physically strenuous jobs 6 to 7 days a week is asking for burnout. It will make the lack of employees much worse over time.
"there’s an urgent and justifiable need for the business" ... Who defines that? It's always in the employer hand, so effectively it is a 6 day work week, just a lip service for the public so it again protects the employers from what they are actually doing. Lets see how the "anarchists" play along with this tune. My guess, they will cause a lot less chaos, people will duck and cover and work without breaking a sweat, employers will have deeper pockets, capitalism will be happy because you guessed it "there’s an urgent and justifiable need for the business".
Greek here. We are considered to be lazy for Europe, meanwhile we work the most hours and paid the least. and now they add an extra day (well ofc many works already had that, 6/7 or 7/7). Financial crisis wrecked us and we are still living the consequences. Im 27 and i grew up during the economic crisis, when i graduated university covid happened and on top of that, the rate of youth unemployment is the highest. We are paying for the previous generations good lives and years of corruptions and scandals (eg Olympic Games 2004). And don't let me start about our number one economic sector: tourism. Sadly, i agree with a lot of fellow greeks that commented here. There is nothing for young Greeks here.
A big shock during CVD remote work era was how productivity didn't drop, in many cases it even increased. Since you don't need to commute, dress up, waste time at office looking busy. People can do the same work in about 4 hours a day. People slept more, most rested, less stressed, and were more happy
Ya the oligarchs didn't like that because the money is fake and what they really care about is that you are busy while they steal any little bit of power that normal people still have
Don't you guys think its funny how academian and business people constantly tried to optimize work with new invention but the moment they implement it our work increased.
@@acatreassuresyouthateveryt7842 our work didn't necessarily increase, there are only so many hours in a day. Our output increased, which is the point of labour-saving inventions (to do something else in the meantime)
Not only that, but worker productivity has skyrocketed while we're still working the same hours. If you want to get radicalized fast just look at a graph of productivity and real wages over time.
I work 30 hours per week in Italy and I'm tired already. In the future I'll ask my boss to downgrade to 24. My parents aren't enthusiastic about the idea ("your pension will be too low!") and I'm like "motherfuckers do you still think I'll ever have a pension?! I prefer to get a low salary and live more!"
Pretty much what I am doing in germany. I ain't going to work 40h per week just to get fleeced by the government each month. Every time it felt like I am getting robbed.
I am currently working 38.5h and I still find it way too much. So I will be looking to switch to 24h sometime as well. This would mean 4 days a week only 6h daily. It would be even better if it was 8h per day for 3 days.
I only accept 40h work week if my travel hours are count as work and my gas paid. If not, expect a 40h work week from me from home. I'm not risking 18 hours in travel every week, before traffic congestion, because the boss wants less employee while they fired seniors who are way more qualified than I am.
Aging population, generous state pensions and elder benefits.... LET'S SCARE OFF ALL THE YOUNG PEOPLE WHO PAY FOR THIS STUFF! GREAT IDEA! The Greek boomer voters care more about punishing the younger generations for nothing, than their own state pensions.
this actually has become a big problem for many countries. the most active voter base is the elderly or those close to retirement. they parties they vote for obviously know that, and they keep increasing pensions at the expense of all other necessary public goods like education and healthcare. then when young people leave the country, dont have kids, etc... we get newspaper headlines like "young people are killing off x industry" and "why are young people refusing to do x thing".
@@deadend5479 tbf, the reason why elderly people are often more active voters is because they have more free time. Working people often feel that taking a day to vote isn't worth either an extra day of work or rest, they are wrong but unless they are forced to vote by mandatory voting laws such thoughts will continue to exist.
@@mauwus4322 I don't know how it's in other countries, it takes 15 to walk to the voting booth and another maximum 10 min to vote. I think people just don't care since they see their vote doesn't matter.
@@Dragos442in Greece you can vote were you are registered and in my case its a 4hr drive to go and another 4hr to go back you can not vote where ever you want you can declare a different place for the elections many months back and its a bit difficult i voted and did the 8hr drive but its not all butterflies
I worked as a barista in a beach restaurant (with around 200 sitting places at max). 12h per day, 7 days in week, no days off. And haved 1000€ montly paycheck. Entire day place was crowded with people. Waiters, always rude and disrespectful, treated me as im robot. They haved higher paycheck and tips and average 100€ per day, on some occasions i ask them to give me 5€. And they just ask me "aRe u DeSerVeD?" (In other restaurant with same boss they shared with barteder even if they do almost nothing all day) Im so fu**ing glad i gived a quit this year. 😊
some companies in Thailand too I was like if I take the job I have to agree to work 6days a week or I don't get the job, sometime I think we really need the law to regulate work here, it was like 5 working days years ago and pay per month but now we have to work 5-6 days a week because it pay per days(not hour).
It wasn't always like this, five was the norm... Until some 20 years ago. Now you are damned to find a non 6x1 workplace. There is a petition with millions of votes to prohibit this practice, but I don't see it working out...
yeah, 6 day working week, most of the times having to get to your job at 6 AM and leaving at 11 PM and all that for less than 300 dollars a month. shit is sad here in Brazil.
Early mid twenties in Greece: 1 year of mandatory conscription, housing crisis, 6 day workweek, poor infrastructure with no significant progress being made(see the 2023 train accident), unemployment, defunding public institutions and universities and funding private ones. Or just get out of the country at once.
At this point without government change, I'm afraid it will not get better and everyone who can leave, should. No point living a miserable existence because your government sold you out.
You know, there are some places where one side of the street I'd orthodox christian and another is protestant. Orthodox - shitty houses, ppl mostly over 60, drinking and drug addiction, super rude, hateful of strangers. Protestant- wealthy, 2-3 cars, many young children, always seem happy I think 90% of orthodox Christian countries are impoverished and brutalize its population. Maybe it's church opiate incense or specific way people organize I church idk. But there is something deeply connected here. At least all-time classic max weber - Protestant ethics and spirit of capitalism supports my claim .
@@micindir4213 I live in Russia, Orthodox Christian, we have good houses here (St. Petersburg and region around), ugly but well built apartment blocks in the suburbs, decent amount of young people, mostly social drinking & confined to the city centre, no visible drugs, people quite polite, welcoming to tourists. So speak for yourself.
In Texas USA, where the average temperature in July/August is 96F(35C), they've passed a law stating that employers no longer need to give their outdoor workers a water break.
In Australia we get sent home once it hits 35c with pay. Or if it rains and doesn't stop after 11am...home full days pay. Why?.because we have strong unions. Any work on Saturday or Sunday is paid at double time meaning your hourly rate is doubled.
@@СлаваССС-м4сAustralia has its problems with the killer fauna and censor-happy government but its living in 2058 with alot of other things compared to even other first-world nations.
@jose131991 Australia, for all its workers' unions and increased pay, still has its problems when it comes to simple things: housing, food, water, and power. The costs of those things have gone up exponentially while the wages aren't matching them.
Clearly they are not paring attention to America and Japan. Both suffer from competitive work ethics and both are suffering from low birth rates and low moral.
That's what _should_ happen, but it seems the point is precisely to keep most workers too exhausted and preoccupied to organize an effective resistance to this sort of exploitation. The policymakers most likely know about the 4 day week experiments elsewhere in Europe, they know it's not going to make workers more productive, this is all about ensuring they still have a docile and compliant population of workers to prop up the capitalists' way of life in the long run even as workers' living standards plummet.
3 месяца назад
We would work 15hrs/week if not our greedy corporate overlords, idiocratic politicians and our collective lack of unity. Now we die at work but at least our CEOs earn 100mlns$ a year and our institutional investors/shareholders live like kings on private islands, flying private jets and sailing private yachts. What a great time to be alive!
@@christianknuchelthat is shrinking, its just they have the power to change district lines so that the more affluent/compliant areas get a larger say in voting and policy
As someone who worked a 6 day workschedule almost consistently for three years without drugs it absolutely decimated my mental health. Every time i hear people working that i cringe.
Keynes was right. If you look it up we now need to work 4 hours a week per person so every job is covered perfectly. The need for work is artificially maintained so people don't have free time to think. Remember Quarantine? when people had enough time to think they started reacting in europe and fighting back against governments. Now they have to work 6 days a week 12 hours a day to make ends meet (im mentioning greece here) just to make ~700 euro per month when expenses are minimum 600 for rent and bills. Greece is poor by design. The design of the IMF and Germany. Its a deliberate plan that the forces that be cooked up 15 years ago for their own gain and Greece's corrupt government benefits from it so the country is in a permanent cycle of poverty while over working
If people are pushed into a 6 day work week they will take the work they did in 5 days and spread it to last the 6 days. People don’t want to be used as workhorses with no ability to do anything outside of their job.
That is not exactly how it works out for most businesses in Greece. You are not sitting behind an office where you need to complete say 5 tasks a week and you you push one out on the 6th day. These are mostly positions like cook or maid or waiter or receptionist at restaurants hotels etc. You can't really slack around...
I seen so many 4 day workweek studies with employee reported benefits but after a deep analysis i never seen a study with a positive long term economic benefit for the company, do you know of any study ? Even non english , ive seen studies done by portuguese swedish german and french governments and did not find anything .have any links? i am doing research on the topic
@@soft6418 those are not comparable needs , and according to most studies since 1987 the main source of unhappiness is chronic poverty, benefits to large companies dont seem to have much benefit unless you are refering to the proximate location of a centralized company , most import thing governments can do is create enviroment where entrepreneurs can make small 1-3 person companies and then expand slowlly as they perfect their profit per capita and can afford to pay reasonable wages to employees . The wage deflation experienced today in developed countries is affecting disproportionately poor people due to the higher offer of workforce from emigration , wich reduces the profit margins of investing in automation and makes the profit per capita of companies lower so the capitalists seem to have lowered their investment growth , it is estimated that mass emigration will delay at a minimum 18 years the deployment of mass robotics to the workforce, might have rambled too much but hapiness is really dependent in many subjective values while profit can be more easily known objectively, most people studying this field tend to agree that the 4 day workweek seems to be a solution being used to increase available jobs and justify more emigration and will end up harming employees long term due to inevitable tax increases because people have a per capita cost to the government and a bigger lower class will have to be taxed further to have access to the same amenities increasing chronic poverty and increasing unhappiness
@@MrRafagigapr are you serious? There can NOT be data on the long term effects of the 4 day work week and lookie lookie the estimations favor the status quo. Just like when companies lamented they wouldn’t be able to afford paying workers every time there was a minimum wage increase. Economics is not a hard science and it’s time people stop using it to justify impoverishing people. Respectfully, I wash my testicles with the effects of immigration. Wage deflation is happening due to corporate greed and there’s nothing either one of us can do about it
Here is another story that dovetails nicely with yours about wage stagnation in the US and outlines historic factors that may also be at play in Greece’s set-up. It’s called “Why Everyone is Quitting the 40 Hour Workweek”. It also provides the reasons why Keynes ideas failed and how the promise of productivity through technology didn’t provide relief but instead fueled corporate greed (my summary) to the detriment of workers and the middle class.
In Keynes defense, he's technically right. People _could_ have the option to work only 15 hours a week, the wealth is there to make that possible. It's just not being spread evenly, and the 1% is making like 100x more money than he ever could've anticipated.
Oh yea in raw production we have the capacity to produce enough for everyone in the developed world to live middle class lives on 20 hours a week. The distribution is the issue
There's more to that. We have much less producers compared to total population. In his times workforce was overwhelmingly working class, meaning less work per worker to accomodate for entire population. Moving to service based economy means there's more non-producers for each producer. Things don't appear out of thin air, someone has to make them. Standard of living we are willing to accept is incomparably higher than it was a century ago. This means more resources per capita needed, which have to come from somewhere. Finally, governement expansion and wellfare of all kinds need to be funded somewhere. State taking bigger slice means you need to work more just to not become poorer.e
I think so as well. We keep talking about the need to increase productivity and efficiency, but compared to 20 years ago, our economy is incredibly productive. Just not for the average worker.
Tell that to the MBA and wall street folks who whine people do not want to work anymore. Folks like Elon Musk who demands 90 and has meetings at 3am when he has an idea are handsomely rewarded
The studies are very missleading and are not representative for entire economies as a whole. For example marketing and other „creative“ companies were overrepresented and thus you could not tell the fall off in productivity. I highly doubt the same holds true for the not so fancy jobs, especially for physical labour jobs.
@@themoonrider351 Greece also is a very poor country. Typically it means their workforce is not very productive due to lack of education, infrastructure, ability to buy tools like farm equipment, robotics, computer systems that rich companies invest to be more efficient. There are so many factors. Greece being poor is best to create slave labor like jobs similar to China 25 years ago to be cheap to get foreign investors on board. Belarus and Lithuana have taken over that market. high hours would attract more overseas companies looking to cut costs. I see why they would up the hours.
Για εμένα όλα οσα γίνονται στην αγορά εργασίας δειχνουν πόση λίγη αγάπη εχουμε μέσα μας για τον διπλανό μας σε αυτή την χώρα. Σε καμία χώρα δεν ειναι ρόδινα όλα αλλά οσοι από εμάς αποκτούν χρήμα γινονται εντελώς ανάλγητοι στο διπλανό τους και αυτή η αναλγησία δυστυχώς αυξάνεται και διαιωνίζεται αντί να γίνεται το αντίθετο. Κοινώς κατά διαόλου οδεύουμε...
people are already not having kids and giving them even less time away from work will definetily not improve that lmao. Lets hope the example they set is disasterous enough for other countries to not try the same
That's why according to some South Korea's population is way below replacement level, and as a people they are going to disappear, because they are hypercapitalist, and young people are growing up in a culture that is competitive from the time they can walk. Accordingly, they far too long hours, don't earn enough, and have given up on marriage and children. And their government doesn't consider that poverty and no work-life balance might be the most effective contraceptive. We need to dump the gerontocracies and listen to young people.
Do you know whats funny? The reason why the 6 hour work week was inteoduced was bc there were already people working 6 days a week illegally, and the government decided to legalize it so that "they can be paid proper overtime and get social insurance".......... When we have laughable unemplyment rates.
I see it was covered in the video. I am very impressed by the amount of research in this video considering the lack of english reportage resources coming from Greece. Thank you for your work!!
Hi again yeah i am the Greek from before and i just wanted to add here that the GDP is inflated due to the solding houses and land and the tremendous increase in rents (plus the taxes on food and stuff are incredibly high to the point that olive oil cost more than haviary)
I've seen speculation that, after this change, anyone who can leave Greece will do so. Thus the actual intent of this law may be to squeeze as much work as possible out of people who can't do anything about it, all the while depriving those people of their best and brightest who might have a chance to fight back.
These legendary economists of the past forgot one simple thing. When they thought that technology would provide more leisure time for the average worker. Greed.
well workime did go drastically down doen´t forget back then 68h work weeks wheren´t uncommon ............. also they probably didn´t anticipate that average people can live a live with so high amounts of consumption alone how wild tourism went over the last 60 years was unimaginable in the past
We're talking about Keynes? This guy is WHY you're gonna work nearly everyday until you die. Inflating the dollar until its effectively worthless, Keynes idea. The idea that the economy should be mostly government spending from loans from the Fed, Keynes idea
@@PhyllisLane-xj5uf no it was not keynes sayed save money in good times spend it in bad times ...... during the great depression he was like ..... well majbe we should defecit spend this once and then as quickly as possible pay the debt back
They misunderstood one thing. Capitalism is not just an economic model. It's a state of mind, it's a psychological disease that every people have in them to some extent. The rich few will never stop abusing the rest for their gains, and those abused will keep defending their masters because they are trained like dogs by the capitalist media. Capitalism ho!
Greed does not explain anything. Become 10x as greedy tomorrow as you are now, and people won't buy things you sell at higher prices, and won't sell things to you for lower prices. We are much richer than people a 100 years ago. Most people back then didn't have cars, not to mention TV's, computers, air conditioning, dishwashers, modern medicine, flying to the other side of the world on holiday, etc. --- Maybe people don't work (much) fewer hours, but if so that's because they preferred to keep working a lot and get richer, rather than keeping the exact same standard of living and working fewer hours.
@@princessmarlena1359 You're overestimating the competence of people. People couldn't design a paper bag without adding pockets and failing to keep it structurally sound. We're all morons. Yes even the leaders, especially the leaders. Yes, even that one exception you're thinking of right now, if you actually knew their entire life you wouldn't trust them with power.
It's worth mentioning that in the US, the federal department in charge of labor relations (NLRB) made a huge policy change a year or so ago that makes it a lot easier for workers to unionize. Of course in response, a number of red states have decided to make child labor legal again...
As a greek, I can tell you that this was already happening but it was not legal. Instead of going after the employers that were forcing their stuff to work more without extra pay under threat of getting the boot, the goverment decided that it is a good idea to make it legal and give those workers extra $ by law for their work. That is all nice and dandy but because Greeks are Greeks, what will end up happening and already has is that the employer hires a person for 5 days/week. They then appeal to the person's moral standards by asking them to stay over weekends and so on. If the employe complains they just say that 6 days/week is legal anyways so there is nothing to complain about.... In other words this achieved nothing. I work during summer season and in my line of work its 7/7 for ~12 hours (completely ilegal). The pay in comparison is much better as expected but im starting to doubt if its worth the effort xD
You get paid though? So why complain? You've gone to make money in a short tourist season that might have to last you till spring of next year. Of course you have to work hard.
@user-di7ww6pm3c the season starts from March and ends in November now. 4 months of downtime are hardly enough to justify these working conditions and more often than not many people can barely make enough money from working this hard during the season. Just because someone gets paid does it mean that threats, working conditions, living conditions and general humane practices are to be disregarded?
@@marshal8358 no not at all. Threats are out of the question. Very unacceptable. But some finances are better than zero finance. My problem when living in Greece was apathy, zero innovation and most people just did not want to work. The albanians and Georgians on the other hand worked hard accepting any job.
We have an aging population where our generation is much smaller than the generations of our parents or grandparents. They were promised pensions based on expected economic and population growth which isn’t happening. Also there are more of them, and as such they make up more votes. Because of this, these policies will always be upheld even if they are unfeasible. This all comes out of our paychecks, and because there are less of us we have to produce more to keep this system from collapsing. This means that we are going to be squeezed for production much much more than any of the previous (still living) generations to uphold the false promises our governments made to our parents and grandparents 30-60 years ago. When the massive cohorts of boomers and gen x retire we are massively fucked because right now there are still a fair few of them producing. This is why they are trying out 6 day work weeks. Imo this is why we have all been getting poorer really from the 70s, but mostly since 2000. Having an aging population is breaking our economy. Tldr this is only the beginning, we are all fucked. This is a re-post cus it looks like yt deleted my original comment
We would be fine if we weren’t debt slaves. It is what it is I suppose. Not selling your kids into debt slavery is a good first step for all you people that make it out of this coming upheaval
@@СлаваССС-м4с It’s simple stats. You can’t blame people for voting selfishly. It’s just a simple fact that this is a huge problem we face and we have to figure something out. It’s also not necessarily because of old people, it’s more because of old people who were economists and people who worked in government. This is only happening because our governments didn’t anticipate that we would have shrinking populations and budgeted assuming infinite economic growth. If instead the people were expected to save money and budget for their own retirements we wouldn’t have a government with these massive budget problems. I fully intend to be successful whatever the fuck happens, but it’s at least good to understand why it’s going to be so much harder for me than it was for my parents.
@@Theweouthereforrealclub- Well yeah. For some reason our governments and most big companies seem to think that their massive debts that they can never fully pay back are not going to cause problems. I mean the US government’s interest on their debt is now the 2nd biggest yearly expenditure and it’s set to become the biggest expenditure in the next few years. I mean they’re already taking out loans to pay for their loans. If this keeps on happening they won’t have any money left in their budget to do their job. That said they are already failing miserably at that but I think it’s going to get much worse. I wouldn’t be too surprised if large areas of the west don’t end up like South Africa where they can’t even keep the lights on.
@@BllksemWhy do you think they're intentionally keeping inflation so high and borrowing so much money? They think they can inflate their debt away when really all its doing is screwing over the middle and lower class.
The point wasn t to fix anything (neither employement rates or the economy). The point was to make workforce cheaper (more work for the same salary) meaning more money for the owners.
Δεν μας πληρώνουν υπερωρίες, δεν μας δίνουν αυξήσεις που δικαιούμαστε, και μας βάζουν και κάνουμε και οικιοθελής αποχώρηση κάθε τέλος του χρόνου για μην έχουμε δικαιώματα και ούτε που μας δίνουν την αποζημίωση , καλά για υπερωρίες δεν θα μιλήσω καν γιατί αυτό είναι που πονάει περισσότερο
Μόνο ένα ενοίκιο είναι ο μισός μισθός μου...μετά πρέπει να αφαιρέσω ρεύματα, νερά, έξοδα μετακίνησης... Μετά να δω τι θα φάω και αν θα μείνω νηστικός μια μέρα... Κατά τα άλλα στα νησιά οι ξενοδόχοι μαζεύουν δις και ρημαζουν τα νησιά, αλλά τα κανάλια και η κυβέρνηση μιλάνε για τουριστική ανάπτυξη... Όταν δουλεύουμε για σεζόν 7/7 για εξάμηνα..
Thank you for your videos. The way you explain things is lovely and clear. You're expanding my understanding of a lot of issues in a totally unbiased way. I appreciate you! :)
So Greece is the new Brazil. We've been working 6 days a week for several decades now, but here is even worse because we generally work 12-14+ hours a day, many times standing up, with no food and bosses sometimes don't even let us take restroom breaks. People breakdown too often in their jobs due to pure pressure, stress, burnout syndrome, emotional breakdown due to anxiety, depression as we work too much and get paid literally nothing, it's unlivable. We would need to earn at least SIX TIMES MORE than what we earn on average to able to live instead of barely surviving. Add that to the fact that many times you don't even have the right to have your day off and just have to stick working 7 days a week until you finally break and give up on life. This overwork culture destroyed everyone in this country, all for minimum wage. They would overwork us to death if they were allowed to. Slavery has never ended in Brazil.
@@Walamonga1313 yep. LATAM is such an overworked + underpaid place... everyone just dreams of leaving this hell and never looking back stepping foot in this god forsaken place ever again.
Not just greed. The Nobel Prize is named after a man who thought inventing dynamite would end war, as no human could possibly inflict such harm upon another.
No, they actually think greed is good and part of the great competition of the free market that will solve all problems. They'll tell you the actual problem is the government still doing too much!
@@Damianweibler Didn't he invent it for mining? Wasn't he mortified when people started using it for war? Slight difference but still the same sentiment overall though....
You know why we dont work 15hrs a week? Because of consumerism. If you dont believe me, think of how much more advanced current technology is and how much more efficient it is, but we still find ourselves working the same amount of time as people living 100 years ago. We have been brainwashed by big companies and the idea of "the more production the better", when in reality if we had quality products instead of products that have to be replaced regularly there would be much less work to be done. People are working essentially for no reason, convinced by the big companies that they need to buy the new clothes, the new phone, new tv... Whats really funny is that some companies even resort to making their products purposely worse so that they have an improvement for the next generation(think of phone companies, and nvidia with the 20 series graphics cards) that usually comes out in the next year or two, not even mentioning planned obsolescence which is common practice nowadays.
While not nearly as bad here in Denmark. Our government did remove a holiday. And from time to time there has been talks about adding more hours to the in Denmark standard 37 hours work week. And it has been and is extremely unpopular every time it is brought up.
@@MarktheRude Maybe because those vanity projects are usually just drop in the sea of governmental budget and even if you would cut all of them, you still would not solve the issue as most off the budgets are usually services provided, thinks like pension, state funded healthcare and other "necessary" stuff. The issue is that with ageing population there is less and less available work hours in the economy. So they try to get people to work more in order not to anger the boomers that would be impacted by cuts of those services and things like pensions.
yes because it would be stupid especially in a country with low birthrate. look what happened to greece after the crisis and the extra stupid measures take the birthrate collapsed and now its one of the lowest in the eu. 1.32
Found you through Asmongold, and I love the videos I've seen! Brings info to topics that typically don't get discussed but definitely deserve to, as well as needs to be talked about. I come from Sweden but have lived in Greece since 2008, and it's heartbreaking to see how the culture and mentality of the ppl go in a complete downfall. Thanks for a wonderful video!
As someone reluctantly living in the US, it's good to know our country has been pulling an effective enough shell game that outsiders think we're a "stable country". The actual numbers are probably pretty close to Greece, but we've got enough billionaires and millionaires to obscure how bad things are for normal people.
The US is stable not because of politicians arbitrarily redefining key indices of unemployment, recession, etc. but because it is still to this day stabilized by the exploitation of work outsourced to neocolonial countries (i.e., former third world, minus China). Same goes for western and northern European countries but they're even better at hiding this than the US.
The two factors that Keynes didn't take into account were: 1) How covetously greedy, gluttonous, grabby and hoggish those with vast fortunes are (a.k.a. the members of the IMF); 2) How hopelessly incapable, incompetent, inept and useless modern-day politicians are (a.k.a. those in the payroll of the IMF). Lots of love from Greece and its overworked, and impoverished population (a.k.a. the "lazy" and "corrupted" people who are called to pay the tab and deal with the consequences of decisions taken by nepotist, corrupted and lazy politicians.)
We are after all, talking about the same guy, who, when criticized about all his models only working in the short term and asked "what about the long term implications", his answer was "in the long term we'll all be dead"....
Keep voting for the left and indoctrinating the youth at universities with marxist bullshit. Η Ελλάδα έχει σαπίσει εδώ κι 40 χρόνια. Απλά τώρα ξύπνησες . Η νοοτροπία των χωριάτη φοιτητών κι πολίτη πρέπει να αλλάξει. Έζησα στην Ελλαδιστάν για 15 χρόνια.
Interestingly, FDR's new deal originally had a 30 hour work week with any hour over 30 to be a 1.5x pay. Corporations cried foul and how unfair it was and socialism. FDR had to move it to 5 days a week for 40 hours
FDR´s policy where an Epic fail anyway if it wouldn´t have been for mass exports of military goods to germany and britain the US economy would have shrank further under FDR
I just wonder, how a 6 day work week helps with the unemployment issues? I mean, if an employee can work longer and therefore do more work and can't even opt out off of it, why should any company hire more people? Hiring new staff is really expensive and while in other countries the employers fluctuate their staff much it has to do with the fact, that a qualified worker wants more money (and rightfully so!). Greece needs a constant workflow and high employment rate, so the people, who have no financial security (as any social security was cut short for the government) can find their place in the society. A 4 day work week or 30 hours work week would be much more beneficial. The EU was already helping with the situation, so if the government played it right, it could get a financial support for like a bonus program for employers hiring new people if the workers are employed for at least a year. I'm already rambling nonsense right now, but the situation is really messed up! I cheer for the common people of Greece, stay strong and stay united!
Well on the one hand, if they increase the work-week, and people keep working their current hours, then suddenly there are more part-time employed people. In an ideal case, the unemployed people would supplement the employed person on those "off" days. The Netherlands famously made it easier for people to ask for part-time (primarily intended for new parents) and made it illegal and difficult to retaliate against such requests, and now the Netherlands has one of the lowest average working weeks in the OECD. On the other hand, this was absolutely not the mindset legislators had when drafting this.
The irony of keynes as an opening, he used his theories to save capitalism from marixsm. But his predictions on the average workweek were wrong because of something Marx foresaw almost a Century earlier: companies use technology to intensify the extraction of surpilus value, and without an incentive to reduce working hours, they'd just cash in the extra profits. And thats what happened
Keynes wrote at a time when Fordism was in vogue. Henry Ford had tried to cut turnover and raise productivity by treating his workers better, including raising wages and reducing the workweek to five 8-hour days. This was made possible through the greater efficiency of Ford's assembly line. Keynes saw the trend and extrapolated it into the future.
He didn't saved capitalism from marxism. 1) marxism is not a threat, it never worked and will never work. 2) people (over)using his (*Keynes) ideas put economy into inflation spirals all around the word all the time. That's why we can afford less and less despite rising wages and more social programs. Actual value of our wages falls faster than it's nominal value. And typical man does not even realize what is inflation. I've seen people asking "inflation fallen, so prces will fall?" No! It means they will just rise a litle bit slower in this year, but I bet my ass they will increase currency supply to fix their ratio of value stolen from economy. Modern banking is just about judging how much wealth can you extract with inflation before economy collapses. 3) capitalism is marxist word. I call it individualism, as opposed to collectivism=totalitarianism where government has total control over country. But sure, economy should be ran by capitalists, so it fits as well.
@@Buffalo_Soldier you are an incredibly silly guy, Keynes absolutely saw himself as defending capitalism from communist and marxist movements, and lol @ capitalism is a marxist word
It makes no sense even for the basic fact that less free time means less people getting time for shopping and leisure, attend local businesses/eateries for personal and social reasons and even more cash being siphoned off to online businesses, because they're the only option when your one day off is spent exhausted.
No it's not like this in the Netherlands. A company with a full time 36 hour work week and people opting for 32 hour work weeks are becoming more normal every year.
