2min chapter

Intelligence Squared cover image

Humanity's Thousand Year Struggle Over Technology and Prosperity

Intelligence Squared

CHAPTER

The Benefits of Technology for Capital

Capital and the elites that wield it, do they always win from these revelations? No, no. I think creating the right type of technological path can be beneficial for capital as well. But in the last four and a half decades, many business managers have gone much more into a strategy that squeezes labor hard. Again, that can generate profits for capital, but it's not the only thing that generates profit to a capital.

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