23min chapter

Luminary cover image

Carlota Perez on technological revolutions and capitalism 

Luminary

CHAPTER

The Role of the State in Technological Revolutions

This chapter discusses the role of the state in relation to innovation and entrepreneurship. It explores how the state counterbalances cyclical changes, deep depressions, and plays a crucial role in technological revolutions. The chapter also examines the impact of technological revolutions on society and the interconnectedness of financial crashes.

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