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

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Sreenath Majumder Anuradha SenGupta

The Political Economy of Digital Automation

Measuring its Impact on Productivity, Economic Growth, and Consumption

Sreenath Majumder, Anuradha SenGupta

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English

Routledge
29 April 2022

Philosophy & theory of education; Employment & unemployment; Development economics; Political economy; Artificial intelligence

Series: Routledge Studies in the Economics of Innovation

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 enables the reader to visualize the changes brought by automation on our producer and buyer identities, and suggests policy changes that global leaders could adopt to deal with the increasing discord. The book is heavily dependent on a few fundamental concepts of both economics and sociology, such as globalization, labor economics, and cultural homogenization.

The book is ideally suited to students and academics researching political economics and sociology, with focuses on globalization, unemployment, and the social impacts of technological advances.

By: Sreenath Majumder, Anuradha SenGupta
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 208g
ISBN: 9780367541224
ISBN 10: 036754122X
Series: Routledge Studies in the Economics of Innovation
Pages: 138
Publication Date: 29 April 2022
Audience: College/higher education , Primary
Format: Paperback
Publisher's Status: Active

"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"

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.