Jacques Attali Quotes
The 35-hour week has from the moment of its inception been a massive mistake. We need to return to people the joy of work.
Jacques Attali, French Economist, Quoted in Foreign Policy, January/February 2004
Sourced by: Eigen's Political and Historical Quotations
She was running for the Democratic Presidential Nomination.
The U. S. Senate had deteriorated to the point where Senators were only working 3 days per week—Tuesday through Thursday. The Senators would spend the other 4 days in their home states—usually raising money for the next election where millions of dollars will be needed.
This is one of the earliest calls for the 8 hour work day.
The French solution to their high unemployment problem was to mandate a 35 hour workweek and ban overtime. The effect on business was to dramatically increase the percentage that the employer has to pay for fringe benefits. This raised the cost of labor and along with the French tradition of not working very hard. The economy weakened and the unemployment rate was still very high.
This is a fascinating historical quotation. It illustrates that each generation claims that the love of work and the work ethic is not what it used to be.
Executed by the English for his part in the Easter Uprising. In the late 19th century the 12 hour work day was typical and it was 6 days a week. To reform labor hours it was not enough to argue the effect on the individual and the family. It had to be argued as a solution to the unemployment problem as well.
Jacques Attali is a French economic and social theorist, writer, political adviser and senior civil servant, who served as a counselor to President François Mitterrand from 1981 to 1991 and was the first head of the European Bank for Reconstruction and Development in 1991-1993. In 1997, upon the request of education minister Claude Allègre, he proposed a reform of the higher education degrees system. In 2008-2010, he led the government committee on how to ignite the growth of the French economy, under President Nicolas Sarkozy.