The fourth industrial revolution, characterized by digitization,
artificial intelligence and augmented reality, and megatrends such
as globalization, urbanization, demographic changes, and the
knowledge-based economy, will trigger a series of profound
technological, economic, social and environmental changes that will
permanently and irreversibly change the role of the state in
meeting social needs. Industry 4.0 will also change the type,
nature, and scope of public goods and how they are produced,
financed, delivered, and consumed. This book redefines the current
paradigm of public goods. It proposes a model of production and
distribution of public goods that acknowledges the participation of
entities from the public, private, and nonprofit sectors. The
authors argue that these entities would participate in the
production, financing, distribution, and consumption of such goods.
From a theoretical point of view, such an inclusive approach
involving the expansion of the classical state - market dichotomy
with new entities, including citizens themselves, leads to a new
conceptualization and approach towards public goods. The model
assumes shared responsibility, subsidiarity, and paternalistic
libertarianism, and it allows the state to create new entities of
an educational or fiscal nature, while remaining the regulator of
public services and distribution. Additionally, the book analyzes
changes regarding the perception of public goods, in the era of the
fourth industrial revolution, across selected sectors such as
healthcare and pension systems, education, local public goods, and
public utility services. The book is primarily addressed to
researchers, scholars, and students across social and technical
sciences, and it will also be a useful guide for central and local
administration bodies responsible for public policy. Chapters 4, 5
and 6 of this book are available for free in PDF format as Open
Access from the individual product page at www.routledge.com. They
have been made available under a Creative Commons Attribution-Non
Commercial-No Derivatives 4.0 license.
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