Remaking the Post-Covid World presented by Daron Acemoglu published World Bank (9/2020)
“Welfare State 3.0
New responsibilities for the state for combating inequality, climate change, pandemics, security, and contributions to international development.
Better regulation and social safety net for the disruption created by automation and inequality.
But even more importantly, something new from the state: regulation of technology (not only because of automation and wage inequality, but also because AI, democracy and our lives more generally).
Much greater burdens on the shoulders of the state, just like the Beveridge report articulated in 1942 for the UK.
But what about keeping the state under control?
This is what Hayek, then a recent ´emigr´e from Austria teaching at the LSE, worried about in 1942.”
