By Jean-Hervé Lorenzi, Mickaël Berrebi
During the Nineties Francis Fukuyama introduced the top of background. The 2000s confirmed the way it is an phantasm to visualize a calm international with out conflict.
In this e-book the authors discover how six significant constraints are set to mend the trajectory of the worldwide financial system. 3 of them are new: the getting older inhabitants, the failure of technical growth, and the shortage of mark downs. the opposite 3 were at paintings for it slow: the explosion of inequality, the mass move of actions from one finish of the realm to the opposite, and the unlimited financialization of financial system. They recommend that like seismic task which depends upon strain among tectonic plates, the political and social tensions might be exacerbated within the coming years through those significant forces. They suggest that professionals could be incapable of forestalling neither the date nor the depth of the arriving earthquakes, and ask the query: can we take care of those destiny shocks and the violence they're guaranteed to reason?
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Extra info for A Violent World: Modern Threats to Economic Stability
The most surprising aspect of this intriguing development, which may represent both a positive and a negative, is the fact that the economic structure of this country reflects a dual constraint, one conjectural, the other structural. Firstly, there is an income distribution that would be hard to change and that favours capital over labour while blocking any increase in internal demand. Even worse, as the eminent Japanese demographer Shigesato Takahashi reminds us, ‘the decline in the rate of fertility is closely linked to the change in the work force [ ...
For most of them, tomorrow’s world does not appear to be that idyllic. For Erik Brynjolfsson and Andrew McAfee, Carl Frey and Michael Osborne, Jeffrey Sachs and Laurence Kotlikoff, there will be many victims of these possible industrial revolutions. For example, Erik Brynjolfsson and Andrew McAfee21 have produced an inventory of what they call the second machine age, that of driverless cars, super-computers that will defeat humans at knowledge games, robots that will perform complex tasks in the factory, and personal phones that will be more powerful than the largest computers of the previous generation.
If the organization of work and the length of the working life take account of ageing, it would not be impossible for a large part of activity, and thus of growth, and consequently of jobs, to be linked to the needs of the elderly. There is thus a need to insist on a complete re-reading of this constraint and its implications, by questioning whether the traditional impacts of ageing will continue to exist, as well as the ability to bounce back that ageing 32 A Violent World population assumes and possible schemes to positively manage this change in the relationship between the generations.