[lbo-talk] Poor productivity slows French economy???

Doug Henwood dhenwood at panix.com
Mon Oct 25 06:44:35 PDT 2004


Tom Walker wrote:


>I see nobody else noticed yet what has to be the stupidest headline
>since W's mission was accomplished.
>
>The French have higher productivity than just about anybody but
>Belgium and the Netherlands. Higher than the U.S. higher than
>Germany, much higher than Great Britain, much higher than Japan, a
>bit higher than Ireland. "Poor productivity"? Obviously headline
>writers don't read OECD statistical tables or perhaps even the
>article they're writing headlines for.

You're right, but the bourgeois pundits aren't really talking about output per hour - they want more people to work longer hours so that the aggregate amount of booty produced expands. Those Fwench are taking productivity's dividends in the form of leisure. That's so retro!

Doug



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