Books > Business & Economics > Economics > Macroeconomics
|
Buy Now
How the Information Revolution Remade Business and the Economy - A Roadmap for Progress of the Semiconductor Industry (Paperback)
Loot Price: R440
Discovery Miles 4 400
You Save: R89
(17%)
|
|
How the Information Revolution Remade Business and the Economy - A Roadmap for Progress of the Semiconductor Industry (Paperback)
(sign in to rate)
List price R529
Loot Price R440
Discovery Miles 4 400
You Save R89 (17%)
Expected to ship within 10 - 15 working days
|
Donate to Against Period Poverty
Total price: R460
Discovery Miles: 4 600
|
Tremendous technological progress in the last half century has
exponentially grown productivity as well as increased automation to
reduce the costs of operation for businesses. On one hand,
ever-growing productivity has reduced requirements for manual labor
through automation. But, on other hand, huge unemployment created
from reduction of workforce due to automation, has reduced the
consumer purchasing power and is indirectly hurting the Return on
Investments (RoI). This brings any further progress of technology
to a standstill. For technology to progress both supply and demand
have to grow. The supply comes from productivity of workforce and
demand comes from their wages. Hence, free markets must ensure that
wages automatically catch up with ever-growing productivity, with
minimal government intervention. To avoid automation from
destroying jobs in an economy, free markets should ensure that
working hours of workforce be reduced during the waning phase of
economy and increased during its waxing phase.
General
Imprint: |
Business Expert Press
|
Country of origin: |
United States |
Release date: |
December 2016 |
Authors: |
Apek Mulay
|
Dimensions: |
229 x 152 x 10mm (L x W x T) |
Format: |
Paperback
|
Pages: |
150 |
ISBN-13: |
978-1-63157-589-1 |
Categories: |
Books >
Business & Economics >
Economics >
Macroeconomics >
General
|
LSN: |
1-63157-589-9 |
Barcode: |
9781631575891 |
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
|
You might also like..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.