1st Edition

The Political Economy of Digital Automation Measuring its Impact on Productivity, Economic Growth, and Consumption

138 Pages 33 B/W Illustrations
by Routledge

138 Pages 33 B/W Illustrations
by Routledge

138 Pages 33 B/W Illustrations
by Routledge

With digital automation becoming ubiquitous, the relationship between man and machine is being redefined. This book, through a focus on America, identifies the tension this relationship has produced, and how it has divided America socially, politically, and economically, ultimately breeding two fundamentally incompatible nations within one: the “forgotten America” and “elite America.” This book... Read more

1. The Great Divergence—The Common Crises;  2. The Great Divergence—The Rise of Digital Automation (Digitomation);  3. The Great Divergence—The Effect of "Digitomation" on the Labor Market (We the Seller);  4. The Great Divergence—Flattening Demand (Buyer Identity);  5. The Divergence: We the Sellers vs. We the Buyers;  6. The Great Divergence—Policy Options to Counter the Divergence;  7. Conclusion

Biography

Sreenath Majumder is an associate professor of Economics at Manchester University, Indiana, USA.

Anuradha SenGupta is an advisory manager at EY, Australia, with extensive international experience in both public and private sectors.