A Quote by Charlie Kirk
There is no question that automation is - and has been since the start of the Industrial Revolution - displacing workers and creating disruption within the economy and labor market.
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Private sector labor market flows provide additional indications of the strength of the labor market. For example, the quits rate has tended to be pro-cyclical, since more workers voluntarily quit their jobs when they are more confident about their ability to find new ones and when firms are competing more actively for new hires.
When the Industrial Revolution of the nineteenth century brought a rapid increase in wealth, the demand of workers for a fair share of the wealth they were creating was conceded only after riots and strikes.
Strong, responsible unions are essential to industrial fair play. Without them the labor bargain is wholly one-sided. The parties to the labor contract must be nearly equal in strength if justice is to be worked out, and this means that the workers must be organized and that their organizations must be recognized by employers as a condition precedent to industrial peace.
During my three years as chief economist of the World Bank, labor market issues were looked at through the lens of neoclassical economics. A standard message was to increase labor market flexibility. The not-so-subtle subtext was to lower wages and lay off unneeded workers.
American workers have faced serious difficulties in the labor market since the first oil shock in 1973. Since that time, the pace of productivity advance has slowed for reasons which are still not understood, lowering the rate at which living standards have advanced.
The industrial revolution fueled all of humanity, everything we do has been exploding ever since. It's been the biggest most impacting thing, not only for human beings in the last 250 million years, but also the planet, which caused the ice age, which buried the forest. It's this circle because of the industrial revolution, it's neither good or bad, it enabled all of modernization, extended our life, it changed everything. It's the most impactful thing that happened to the planet and the people.
My point has always been that, ever since the Industrial Revolution, science fiction has been the most important genre there is.
We are living through the most profound changes in the economy since the Industrial Revolution. Technology, globalization, and the accelerating pace of change have yielded chaotic markets, fierce competition, and unpredictable staff requirements.
There has been hardly a single year since 1917, and in a certain sense since 1905, without a revolution somewhere in the world in which the workers participated in a rather important way.
We humans have always been resilient. With each industrial revolution, we have adapted, creating new jobs with new technologies.
I titled my book "Revolution." And that is exactly what it is. France is experiencing a time of transformation - in education, on the labor market and in the pensions system. We're talking about a cultural revolution.
It's a question of not so much pushing the boys out of the picture, but making the whole frame bigger so that both men and women access the labor market, contribute to the economy, generate growth, have jobs, and so on.
Harris Tweed as been around since before the Industrial Revolution when it was a handmade cloth from the Outer Hebrides in Scotland.
In diminishing the role of the worker's body in the labor process, industrial technology has also tended to diminish the importance of the worker. In creating jobs that require less human effort, industrial technology has also been used to create jobs that require less human talent. In creating jobs that demand less of the body, industrial production has also tended to create jobs that give less to the body, in terms of opportunities to accrue knowledge on the production process.
I was an active participant in India's key economic reforms, including the third industrial revolution and now the fourth industrial revolution.
In a market economy with the division and specialization of labor, people use others as means to achieve their ends. This is the essence of market cooperation.
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