By Robert W McChesney, John Nichols
The results of the technological revolution are approximately to hit tough: unemployment will spike as new applied sciences exchange hard work within the production, carrier, sectors of an economic system that's already suffering. the top of labor as we all know it is going to hit on the worst second possible: as capitalism fosters everlasting stagnation, whilst the hard work marketplace is in decrepit form, with declining wages, increasing poverty, and sizzling inequality. purely the dramatic democratization of our economic system can tackle the existential demanding situations we now face. but, the USA political strategy is so ruled by means of billionaires and company particular pursuits, by means of corruption and monopoly, that it stymies not only democracy yet progress.
The nice problem of those occasions is to make sure that the great advantages of technological development are hired to serve the full of humanity, instead of to counterpoint the rich few. Robert W. McChesney and John Nichols argue that the us wishes a brand new financial system within which progressive applied sciences are utilized to successfully handle environmental and social difficulties and used to rejuvenate and expand democratic associations. according to excessive reporting, wealthy historic research, and deep figuring out of the technological and social adjustments which are unfolding, they suggest a daring procedure for democratizing our electronic destinybefore it’s too late—and unleashing the genuine strength of the web, and of humanity.