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In an alarmist tone, he argues that governments worldwide are fighting a losing battle to find jobs for millions displaced by the ?technological revolution' and by corporate cost-cutting (Smark 1997, p.47). Says Rifkin (cited in Stewart 1996, p.13):
technology is taking more jobs than it is creating, thus leading the world to
catastrophic global unemployment...
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However, technology is only
creating limited jobs for a small, elite core of scientists, computer programmers,
consultants and entrepreneurs ? this elite group being the ?knowledge sector'.
In confronting Rifkin's prediction of a "society absent of mass formal employment", this is possible for while technology is rapidly changing and restructuring workplaces on a global scale, there are stresses which are causing instability in the workforce (Smark 1997, p...
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General points of the essay
American Revolution: What Were They Really Fighting For?
agency cost & corporate governance
Cost Cutting Techniques
The Relativity Of Comparative Advantage Of Low Labor Cost And The Absoluteness Of Technological Advantagesthe Relativity Of Comparative Advantage Of Low Labor Cost And The Absoluteness Of Technological Advantages
A Losing Battle
The Strive For Perfection: A Losing Battle (Hamlet)
Was the scientific revolution largely a result of technological shifts from the Renaissance?
losing the battle
The Technological Revolution
Unemployement - The Unavoidable Consequence Of New Technolog
The Losing Battle
The War On Drugs: A Losing Battle?
Why Do Governments Find It So Hard To Control Public Expenditure?
Computers: A Technological Revolution to the Modern World
Information Technology has the potential to change societal structure and processes similar in scale to that of both the Agricultural Revolution and the Industrial Revolution. On this basis governments should ensure provision of Information Techno...
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