Skip to main content

good_jobs_bp_GettyImages910070264 Getty Images

What Do Workers Need?

Despite long-awaited evidence of wage growth in the United States, the advanced economies have become increasingly polarized between a small, hyper-productive elite and everyone else, for whom well-paid, dignified employment is disappearing fast. How can good jobs be created for the many, not just the fortunate few?

In this Big PictureDaron Acemoglu explains how public policies can steer innovation toward enhancing worker productivity instead of toward automation. Going further, Dani Rodrik and Charles Sabel argue that only state intervention in the real economy can expand productive employment under current economic conditions. But Marin Dalia cautions that industrial strategies should focus on sectors that will be self-sustaining after public support dries up.

By contrast, Laura Tyson and Lenny Mendonca call for a much larger investment in people, to enable workers to fill current and future jobs, wherever they appear. And Jim O’Neill contends that focusing on geographic locales, not specific industries, holds the key to boosting output and ensuring social stability over the long term.

To continue reading, register now.

As a registered user, you can enjoy more PS content every month – for free.



Subscribe now for unlimited access to everything PS has to offer.;

Edit Newsletter Preferences

Set up Notification

To receive email updates regarding this {entity_type}, please enter your email below.

If you are not already registered, this will create a PS account for you. You should receive an activation email shortly.