> "Are twentieth century hunter-gatherers really worse off than farmers? Scattered throughout the world, several dozen groups of so-called primitive people, like the Kalahari bushmen, continue to support themselves that way. It turns out that these people have plenty of leisure time, sleep a good deal, and work less hard than their farming neighbors. For instance, the average time devoted each week to obtaining food is only 12 to 19 hours for one group of Bushmen, 14 hours or less for the Hadza nomads of Tanzania. One Bushman, when asked why he hadn't emulated neighboring tribes by adopting agriculture, replied, "Why should we, when there are so many mongongo nuts in the world?"
Of course, that's sort of besides the point... Before the mid-70's productivity and median compensation were correlated, however for the past 40 years this has diverged. Since 1973, median hourly compensation grew 10.7% while productivity has increased by 80.4%[1]
Keyne's prediction in 1930 on the leisure society in the US would have been correct if the public had continued to share in society's gains. Instead these gains have been increasingly captured by the top centile. The share of income by the top 1% has increased over 120% since 1979 [2]. While the top 20% has also nominally increased (~30%) all the other quintiles have had a negative share as a result.
Now, knowing this, is there anything that can be done to reverse these trends? It seems that we've been locking in socio-economic mobility [3] and our entire government has entered "regulatory capture." [4][5]
[1] http://www.epi.org/publication/ib330-productivity-vs-compens...
[2] http://www.motherjones.com/politics/2011/02/income-inequalit...
[3] http://www.ibtimes.com/us-social-mobility-casualty-income-in...
[4] http://i.imgur.com/PVpFY.png
[5] http://www.the-american-interest.com/article-bd.cfm?piece=10...