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- Title
PROBLEMS OF ECONOMIC GROWTH AND AUTOMATION.
- Authors
Gomberg, William
- Abstract
Call it displacement, technological unemployment, or what you will, automation is downgrading skilled labor, including white-collar workers and technicians, this labor expert observes, and points out that capital is also being constricted. He does not think the "whirling dervish of compulsive consumption" and its handmaiden synthetic obsolescence are stable props for an economy just emerging from a recession; suggests tax reform and an overhaul of classic economic concepts of wages and profits instead.
- Subjects
UNITED States; AUTOMATION &; economics; TECHNOLOGICAL unemployment; EFFECT of technological innovations on labor supply; ECONOMIC development; SKILLED labor; UNITED States economy; INDUSTRIES; INDUSTRIAL engineering; RECESSIONS; DISPLACED workers; OBSOLESCENCE
- Publication
California Management Review, 1961, Vol 3, Issue 4, p4
- ISSN
0008-1256
- Publication type
Article
- DOI
10.2307/41165459