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Daron Acemoglu on Innovation and Shared Prosperity

EconTalk

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Competition, Coercion, and Labor Rights

This chapter explores the intricate dynamics of competition and coercion in shaping technological advancements and living standards. A historical lens is applied to analyze labor rights, exploitation during the Industrial Revolution, and the impacts of monopolization on workers' experiences. Key discussions on migration patterns and worker advocacy reflect on the persistent struggles for equitable benefits amidst economic progress.

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