Pondering the American Work Ethic
My article on saving more or earning more has ignited an interesting conversation on the Brazen Careerist website. One commenter interprets my advice as encouraging slackers and worries about the future of America’s work ethic.
It’s hard to argue because (1) I sort of agree and (2) the commenter tells me I have to live more before I can respond.
Some people call my opinion a slacker mentality. I do think it’s better to be an A- student for half the effort of being an A+ student, if all A grades are weighted equally. This sort of laziness might not bode well if other countries work harder than us. Things will likely get more competitive in the global economy.
(I’ve never been reviewed as anything less than an exceptionally hard worker, but that’s a side topic).
My only response is that our hard work ethic does not seem to bring us the happiness we desire. I know about this first hand when I worked late nights and weekends. My hypothesis is that very hard workers accumulate money but then end up having to spend it wastefully. Hard workers spend big money on prepared food, cleaning, and any convenience goods. Expensive activities like hotel room service save time, but they hardly improve the quality of our lives.
We’re giving up valuable time to earn more simply to facilitate our obsessively hard working lifestyle.
It’s not a cycle I want to join.
A Lesson from Labor Economics
I have a fond memory of my labor economics class from college. My British professor told us that we don’t really understand labor. We grew up in a weird country. Americans work more than virtually any other country. The strangest part is that higher and higher earners tend to work more. In his words, the rich don’t get to enjoy their money.
He vividly explained the difference between America and Europe by telling us a story about academic conferences.
In America, conferences started early. You needed to wake up around 6:30 in the morning, and you would grab a donut or muffin with some coffee. Wake up, get out of bed, and get into action. Talks began at 7 and proceeded in rapid fire pace, with a single fifteen-minute break. Lunch was scheduled at 12 noon for thirty minutes. Eat a sandwich, drink something caffeinated, and get back to the conference. There was not much time to socialize. Talks would resume and continue until 6 or 7 in the evening.
In Europe, things were much different. Talks began leisurely at 9 in the morning. There would be a few talks at a relaxing pace. Lunch was served at 12 noon without a specific ending time. One beer was served. After everyone finished, there would be one or two more talks–if they decided to resume.
Now, someone will point out the American work ethic makes a difference. After all, American universities are respected worldwide. The research makes a big difference. But no one seems to ask about the cost at which the success is achieved.
Ask yourself: which conference would you rather attend?
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