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Originally Posted by jonbxx
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Productivity growth is frequently lauded by the business community, media commentators and politicians as the solution to improving living standards, yet there is little agreement on what productivity actually is.
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IE Meaningless figures. If you produce things with a high value/price, then you appear productive.
Why is Macron trying to increase French working hours?
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In summary, they accuse the former Rothschild merchant banker of being
a “friend of the rich” who wants to break down hard-won workers’ rights,
essentially turning France into another Britain or America. Rather than
what exists in France now: a 35-hour working week; lots of days off,
including the whole of August; and numerous other perks for workers, the
head of state is more interested in an Anglo-Saxon type workforce – one
that is more ambitious, profit-led, and industrious.
French companies do very well globally, but the domestic economy is
notoriously sluggish, with employees enjoying high levels of protection no
matter what their performances.
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How much of "do very well globally" is from owning foreign companies, ie non-French workers?