Power in Progress

Jerome Asimoglu and Simon Johnson's 'Power in Progress' critically analyzes the historical and contemporary impact of technological advancements on labor markets.

The authors argue that the direction of technological change is not inevitable but rather shaped by the decisions and priorities of those in positions of power.

They demonstrate how technology can be designed and implemented in ways that either complement or replace human labor.

The book explores the economic and social consequences of these choices, highlighting the importance of policies that promote inclusive growth and shared prosperity.

Ultimately, 'Power in Progress' calls for a more democratic and equitable approach to technological development, ensuring that its benefits are widely distributed.