On the Socialist program, Professor Richard Wolff covers the topic of automation and its impact on workers in the United States and China. He contrasts how automation is used to maximize profits in the U.S. but can be harnessed to benefit workers in China. The discussion highlights the potential of automation to either worsen income inequality or boost global growth and productivity. Wolff emphasizes the importance of redefining work and finding a balance between efficiency and meaningful employment in the face of advancing technology. The interview underscores how different economic systems approach automation and the consequential societal implications.
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