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Automation, Capitalism and the End of The Middle Class

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Automation, Capitalism and the End of the Middle Class - Johannessen, Jon-Arild
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In this book, the author argues that a new form of capitalism is emerging at the threshold of the Fourth Industrial Revolution. He asserts that we are in the midst of a transition from democratic capitalism to feudal capitalism and highlights how robotization and innovation is leading to a social crisis for the middle classes as economic inequality is on the rise. Johannessen outlines the three elements - Balkanization, the Great Illusion, and the plutocracy - which are referred to here as feudal structures. He describes, ...

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Automation, Capitalism and the End of the Middle Class 2021, Routledge, London

ISBN-13: 9781032092904

Paperback

Automation, Capitalism and the End of the Middle Class 2019, Routledge, London

ISBN-13: 9780367257248

Hardcover