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The digital revolution makes it far easier and cheaper to keep an eye on certain sorts of workers and assess their performance. As a result, the boundaries of the typical firm have shifted. [...]

The less succour they receive from existing political institutions, the more open individual workers are likely to be to radical political institutions that offer the possibility of political expression and economic power

In a very low-wage world, more people will opt out of work. That will inevitably strain the social-safety net; societies will be ever more clearly divided into those who work and pay for social programmes and those who live off them. Societies will face a reckoning: either they will decide that thi…