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Allocation of Leisure Resources…Who Does it Best?

Allocation of Leisure Resources…Who Does it Best?. Mike Leelman Faith Grunewald Chris Eisold Peter Fanod. Where did these disposable resources come from?. Agricultural Age: There is vague difference between work and leisure

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Allocation of Leisure Resources…Who Does it Best?

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  1. Allocation of Leisure Resources…Who Does it Best? Mike Leelman Faith Grunewald Chris Eisold Peter Fanod

  2. Where did these disposable resources come from? • Agricultural Age: There is vague difference between work and leisure • Industrial Age: Factory timetable creates a clear difference between work time and leisure time. • Steady decline in average hours worked from 70 hours in the 1850 to about 40 hours in recent times.

  3. Current Economy • Essential business functions such as production, distribution, and finance are now movable because of globalizations • Production now follows lowest wages around the world. • The United States is now a service based economy.

  4. Why We Work? • “Work to live not live to work” • Our generation will have about 4 careers in a lifetime. • People will more so relate to their leisure. • In developed countries the majority of people have the neccessities. • More work is now done in the pursuit of leisure

  5. Market Allocation: Pro • Highly responsive. • “Sovereign Consumer” • Free from politics… mostly. • Market increases productivity

  6. Market Allocation: Con • Focused almost entirely on the affluent. • Can be fad based. • Supports overconsumption. • Fueled by profits, not overall good.

  7. Public Allocation: Pro • Provides “singing, dancing, and sports” for everyone, not just the wealthy. • Manages resources for the long term. • Equitably allocates resources • Promotes societal good.

  8. Public Allocation: Con • Bureaucracy is slow. • Public Sector is far removed from the wants of society.

  9. Here’s some $$$ spend it? • Think about what you want to do with your money. • Put your “cash” under the sign of the activity or cause you prefer

  10. Leisure Resources… they’re just like other resources. • In traditional American fashion, we have the right to enjoy whatever leisure we want. • However, just like social welfare, the public sector (Government) is in place to ensure all people have access to socially beneficial activities.

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