The Crisis of the Liberal International Order Technological Change and the Rise of the Right

The deterioration of the market value of labor in richer parts of the world has been steady over the last forty years. Some poorer states, such as India and China, have enjoyed dramatic increases in the market value of labor during that same period. However, even they are beginning to experience a w...

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Bibliographic Details
Published inConfronting Dystopia pp. 156 - 178
Main Author Ferraro, Vinnie
Format Book Chapter
LanguageEnglish
Published Ithaca, NY Cornell University Press 15.06.2018
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Summary:The deterioration of the market value of labor in richer parts of the world has been steady over the last forty years. Some poorer states, such as India and China, have enjoyed dramatic increases in the market value of labor during that same period. However, even they are beginning to experience a weakening of labor markets. Globalization has been the driving force of this trend, but the logic of globalization and its more recent ancillary, robotization, will ultimately create a world not of rich and poor nations, but of a unified rich elite and an undifferentiated mass of disenfranchised citizens.
ISBN:9781501719844
150171984X
DOI:10.7591/9781501719868-009