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5 day week, no-flex also has costs, it's a matter of value and perspective.

So what if productivity decreases by a few % if it means we all get better work life balance.

Change is not easy but over time equilibrium can be found which is not dependent on this paradigm of infinite growth.

Because then prices go up and the poor especially are hurt. Governments also get less revenue so are less able to assist the poor.

if prices go up then some of that money should go to the poor

i would be happy to pay a premium for goods and services after 6pm or 7pm (or on the weekend) if it means those "essential" workers get paid more.

but of course many would not, and so people can re-evaluate their priorities. hence equilibriums can form which are more healthy than present.