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

Political Economy Forum

CHAPTER

What Is the Political Impact of Technological Change?

Litis echnolege says technology has benefited a small set of highly educated workers. He argues that an economic model in this way does not really give a capitalist incentive to broadly invest in public goods. Litis: Democracy requires certain social preconditions, such as sense of community. And if you don't have that sense of community, democracy is harder to sustain.

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