Inequality and Labour Pains
Keyword(s):
A topic that has come increasingly into limelight is rising economic inequality in the world and the suffering of the labouring classes associated with the rise of new technology—in particular, artificial intelligence and digital platforms. Not surprisingly, these were topics with which the author had some ample engagement during his years as policymaker and this chapter speaks to this new global challenge. The chapter provides some basic information about the state of inequality and the falling share of labour income, and also suggests policy interventions to mitigate some of these problems.