Russian billionaire Oleg Deripaska, a close associate of Vladimir Putin, has launched a radical proposal on social networks: Russian citizens should adopt a 12-hour workday for six days a week, in order to accelerate the economic transformation of the country.
Putin’s Oligarch argues that Russia’s resources are limited and that the only way to cope with the global crisis is through a massive increase in the workforce.
The industrial magnate proposed the program “8 to 8”, with work from 8 in the morning until 8 in the evening, including Saturdays, which he considers necessary for the survival of the national economy, writes United 24 Media.
“We don’t have many resources. More precisely, we have only one, which is related to our national character: in difficult times we know how to gather and work harder,” wrote Oleg Deripaska. He emphasized that the rapid implementation of this program would allow Russia to go through the ongoing economic transformation more quickly.
The billionaire characterized the current situation not as a usual economic crisis, but as a “profound transformation” that affects the entire world.
Deripaska criticized the Central Bank of Russia and its macroeconomic policies, stating that high interest rates and “pointless strengthening of the ruble” have reduced investments. He added that the investment climate, both domestically and abroad, has already been undermined by security forces that have weakened legal institutions.
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