What the World Bank report on tech-related income inequality is missing
If technology is increasing inequality, it is how it changes power, not how it affects marginal productivity, that mattersIs the World Bank – the institution that once championed the Washington Consensus – really breaking with the tech optimism of so many of the world’s companies and economic leaders? Not exactly. The report released on 14 January is an internally conflicted document – at times recognizing the severe limits on competition in networked industries and calli
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