Why is Greece poorer than Germany with such working hours?I know it's tempting to say they are lazy, but in real life, a boss will fire lazy people and replace them with better workers.
>>536131284Corruption.It drains productivity like few other things.
>>536131284working for them is putting their feet up waiting for European tourists to check into their establishments.
>>536131284Because German makes 15 Euro an hour doing the same fucking thing Greek has to do for 4.
>>536131284In Singapore we work more than the mexicans. 2250 hours.
>>536131284UBS says median wealth is 67k and 54k, a pretty much meaningless difference considering the potential for errors in their methods.
>>536131284>mexico has 6 day work week>still poor as fuckmaybe they should consider being more productive? if you count sleeping in the shade with your sombrero and say essay a couple of times in each sentence as work of course you'd be working 6 days a week. it just doesn't add anything to the economy
>>536131701true. have you seen a greek working ever?see, thats why 4euro is the max and thats already generous!>malakas want to get paid for sitting in their cafes all day long
>>536132673Greece is more than cafes and the tourist season doesn't last all year long.
>>536132930So you're saying outside of the tourist season you dont even have to work at all? Damn...
>>536131284>annual number of hours with no vacation.>40x52=1820
>>536132954I'm saying that few Greeks work in cafes, of which many operate in the summer only. And they are usually busy, because we have over 40 million tourists in a year, in a country that has 10 million people.
>>536131284Pay worker peanuts and have them working very long hours, workers get out of work extremely late and tired, they go home and do nothing because they have just enough money to subsist and not enough time or energy, corporation owners get massive profits, they send the money out to tax havens to avoid paying the minimal taxes they have to pay.Poor workers dont spend much and that contracts local market, rich corporation owners syphon money out of the country to finance Switzerland, Panama, Gibraltar, Caiman Islands etc... both reduces tax revenue, less tax revenue means less internal expenditure in infrastructure, security and services which makes the country less competitive in all fronts (shit infrastructure destroys industry, shit security and services destroys tourism), becomes poorer which in turn makes the rich more willing to slash salaries and back to workers spending even less.Workers spending 10/12 hours slaving away doesnt even raise productivity that much to compensate for lost internal market movement.Japan has proven having wageslaves slaving away for 12/14 hours 6 days a week is useless in boosting the economy, they have been doing that since the 90s and the economy is as stagnated as ever, if that was the solution they should have left the stagnation by now.
>>536131284> Why is Greece poorer than Germany with such working hours?Besides labor you also need capital. Both are depending on each other, because you can't fully substitute one with another. This implies Greece having a problem with its internal capital flow. Usually this is caused by too much corruption, because the money doesn't remain in the circulation of the "regulated" (=fully legal) economy, but goes outwards in inefficient ways. In most cases this is accompanied by too much government consumption and capital exports. Conclusion is that increasing Greece's labor income would require a reduction of incentives to move capital out of the regulated economy. Practically speaking: Less corruption & less stupid regulations usually help in accomplishing this. Add to that competent bankers which are serving local or regional markets. Seems like Greece is lacking all of that compared to other EU countries.
>>536131662Its haed fr mw to understand whta uou said
>>536131284it is almost as if rich countries are more productive, as in they manage to do more work over a shorter period of time.
>>536131284The trick is to actually work during your working hours
