Posts Tagged ‘living wage’
“Time flies like an arrow; fruit flies like a banana”*…
How does now unstick itself and become the past, and when does the future morph into the present? How do these states transition, one into another, so seamlessly?
How long is right now ?…
[Fascinating explorations of different explanations…]
Each theory of right now has one thing in common: It challenges the notion that the present is reliable and objective, or that it stretches out infinitely in front of us, even if we sometimes perceive it that way. This is an important reminder because the way we think about time affects the kinds of decisions we make.
We don’t just think about the past, present, or future, we think about ourselves in those places. (That’s the impetus behind something called Time Perspective Theory, which argues that there are six different ways people regard time, and it greatly influences your perspective on life.)
Studies have found that many people think about themselves in the future not as themselves, but as other people. When asked to imagine a birthday in the far off future, people are more likely to envision it from a third-person viewpoint. When we think about ourselves in 10 years, compared to right now, it activates similar parts of our brain that think about others, not ourselves.
Our instinct to place a lot of emphasis on the present, said Hal Hershfield, a psychologist at UCLA who has studied how perceptions of time relate to the choices people make. But if we could better relate to our future selves, we could be better off later on. Hershfield and his collaborators did a study that found that those who felt more similar to their future selves made more future-oriented decisions and had higher levels of well-being across a decade…
How long is right now? As long as it took you to read that question? Or shorter? Or it might not exist at all…
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As we remember Ram Dass, we might recall that it was on this date in 1914 that Henry Ford announced that his company would cut its workday from nine hours to eight, and double workers’ wages to $5 per day.
Cited as the beginning of the “living wage” revolution, it is often suggested that Ford made the move so that his employees could afford the product that they were making. But many historians argue that the real motivations were likelier an attempt to reduce employee turnover and to put economic pressure on competitors. In any event, that’s what happened: while Ford’s move was hugely unpopular among other automakers, they saw the increase in Ford’s productivity– and a significant increase in profit margin (from $30 million to $60 million in two years)– and (mostly) followed suit.

Assembly line at the Ford Motor Company’s Highland Park plant, ca. 1913
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