I could go off on some tangent involving a utopian fantasy, but I won't. I'm going to try to put together some ideas how we can change things now. If, like me, you are an office-worker-type, then push for flex-time, working from home, or 80-in-9. Our commute is what is the biggest waste of our time. When you are forced to commute, then use the time to your advantage. Read a book, knit some socks, plan your garden. Some tasks you can do while driving, like trying to improve your memory by memorizing license plates.
It's tough, but when the weekend comes around you need to either "play" or "work" anything you do to dilly-dally just eats time. I love watching sports, so I se the PVR to record the game, and do dishes, laundry etc. while the game starts. After 20 or 30 minutes I sit down and watch the game, fast forwarding through the commercials. In a regular football game, there is at least an hour of commercials. By halftime I'm close to live TV, so I'll pause the game and do another chore. Baseball is just as bad with a commercial after every damn batter these days.
Once the poop hits the fan we can work on a better economic model where we have more time for the ones we love, and the work that needs to get done around the house. For now, be productive in mind, body, and soul. Each facet of our humanity needs to be nurtured, or we stop being human.