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29

The General-Purpose Technology

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Avent, R. (2017). The General-Purpose Technology. In Avent, R. The Wealth of Humans: Work and its Absence in the Twenty-First Century. Penguin Books Ltd, pp. 29-44

42

[...] technological revolutions usually generate enormous benefits alongside the disruption they cause. Higher productivity levels means that firms can afford to pay higher incomes. [..]

it means that they can extract more surplus value while throwing the worker some more crumbs u nitwit

—p.42 by Ryan Avent 8 years, 9 months ago

[...] technological revolutions usually generate enormous benefits alongside the disruption they cause. Higher productivity levels means that firms can afford to pay higher incomes. [..]

it means that they can extract more surplus value while throwing the worker some more crumbs u nitwit

—p.42 by Ryan Avent 8 years, 9 months ago