Technology and Inequality
Until now, the relentless march of technology and globalization has played out hugely in favor of high-skilled labor, helping fuel record-high levels of income and wealth inequality around the world. But that march is now turning against skilled workers, promising to narrow the equality gap.
https://prosyn.org/tk84P9H
CAMBRIDGE – Until now, the relentless march of technology and globalization has played out hugely in favor of high-skilled labor, helping to fuel record-high levels of income and wealth inequality around the world. Will the endgame be renewed class warfare, with populist governments coming to power, stretching the limits of income redistribution, and asserting greater state control over economic life?