The market is strongly influenced by the culture though. For example nothing now is actually different to before covid. The only thing that has changed is the culture - people like working from home and are less willing to give it up.
Working hours is simply a negotiation between employers (who obviously want more hours for the same price), and workers (who want the opposite). Again culture has a large influence on that - it's very difficult to persuade people to work 6 days a week (in the West) because culturally we no longer do that.
You can't ignore culture and just say "let the market decide" because culture is part of the market.
Sure, but the point I'm making is that figuring out whether this stuff works is easy - you let companies decide, you let them fairly pay employees, and you see which companies turn out on top.
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The market is strongly influenced by the culture though. For example nothing now is actually different to before covid. The only thing that has changed is the culture - people like working from home and are less willing to give it up.
Working hours is simply a negotiation between employers (who obviously want more hours for the same price), and workers (who want the opposite). Again culture has a large influence on that - it's very difficult to persuade people to work 6 days a week (in the West) because culturally we no longer do that.
You can't ignore culture and just say "let the market decide" because culture is part of the market.
Sure, but the point I'm making is that figuring out whether this stuff works is easy - you let companies decide, you let them fairly pay employees, and you see which companies turn out on top.