Unemployement - The Unavoidable Consequence Of New Technolog
Beginning of paper
Technology – as defined by the US National Academy of Science (cited in Jones 1996, p.17) –
is a perishable resource comprising knowledge, skills, and the means
of using and controlling factors of production for the purpose of
producing, delivering to users, and maintaining goods and services ....
Middle of paper
.... transitions and seek to relate these to social, economic, political, and cultural factors occurring at the time.
The relationship between technology and employment is at the same time complex and volatile (Mokyr 1990, p.52). To illustrate, the term “Luddite” was coined in the early 19th Century to describe mindless machine-breaking (Jones 1996, p.21). The Luddites were skilled cloth-weavers who believed that technology would destroy their livelihood and opportunities for work ....
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Page count: 6 (approximately 250 words per page)