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#71 - The Politics of Automation - w/ Daron Acemoglu

Political Economy Forum

CHAPTER

Is There an Alternative in Germany?

In the fifties and sixties, many panies invested quite a bit in their work forces to create new tasks. It's impossible to think of a manufacturing firm in germany without the apprenticeship programme. And then companies have a much greater incentive make use of those workers skills. So you see the implications of that when you trace what happens after a us Firm adopts robots versus a german firm who doesn't.

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