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RESEARCH PRODUCT

Equal Pay for a Green Future

Harald Knudsen

subject

GlobalizationIncentiveMarket economyInequalityEconomic inequalitymedia_common.quotation_subjectEconomicsContext (language use)Technological unemploymentUnrestLegitimacymedia_common

description

In the present chapter, challenges to our growth-driven political-economic model are identified—including lethal economic inequality, growing unrest, technological unemployment in an era of robotization and artificial intelligence (AI), and limits to growth at a time of environmental and climatic collapse. The author is hesitant to offer a “yes” or “no” answer to the question of equal pay, suggesting instead that the answer hinges on time and context. In a future world of limited material resources, where jobs are increasingly automated and substituted by AI algorithms, the legitimacy of inequality-producing incentives for the main exploiters of resources and robots will erode. At a time when there is no moral justification for inequality, the time and ideological context may be ripe for equal pay.

https://doi.org/10.1007/978-3-030-53575-9_12