What to Do in the Face of Mass Technological Unemployment
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The risk of job loss is the principal risk faced by the subject of a liberal market democracy. In the era of 'social democracy' 1946-1979, countercyclical fiscal policy was combined with unemployment insurance to counter the risk; in the 'neoliberal era', that is to say since Volcker's appointment, the Fed has taken the lead in macroeconomic stabilization. Both of these solutions were hit upon to deal with cyclical threats; the first to deal with high unemployment; and the second high inflation. Neither is a solution to a
What to Do in the Face of Mass Technological Unemployment
What to Do in the Face of Mass Technological…
What to Do in the Face of Mass Technological Unemployment
The risk of job loss is the principal risk faced by the subject of a liberal market democracy. In the era of 'social democracy' 1946-1979, countercyclical fiscal policy was combined with unemployment insurance to counter the risk; in the 'neoliberal era', that is to say since Volcker's appointment, the Fed has taken the lead in macroeconomic stabilization. Both of these solutions were hit upon to deal with cyclical threats; the first to deal with high unemployment; and the second high inflation. Neither is a solution to a