20min chapter

New Books in Sociology cover image

Ya-Wen Lei, "The Gilded Cage: Technology, Development, and State Capitalism in China" (Princeton UP, 2023)

New Books in Sociology

CHAPTER

Government Role in Tech Development and Inequality

Exploring how government leadership drives economic development through technology, this chapter discusses examples from countries like Japan, Taiwan, Korea, and the US. It delves into the rise of inequality from tech-driven development, contrasting expectations with outcomes and reflecting on the impact of industrialization. Additionally, it analyzes the current regulations and crackdown on the tech sector in both the US and China, highlighting concerns about the lack of rule of law and its impact on trust, investment, and economic development.

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