1. A New Deal for the Twenty-First Century
- Author:
- Edward Alden and Robert Litan
- Publication Date:
- 05-2017
- Content Type:
- Special Report
- Institution:
- Council on Foreign Relations
- Abstract:
- The challenge of how to help those left behind by rapid economic change—whether caused by technology or global competition—has moved to the center of the U.S. national debate in a way it has not been since the 1930s. Trade competition, especially from China, has been a significant factor in declining U.S. manufacturing employment over the past decade. Trade also became a major issue in the 2016 presidential campaign, despite the larger role played by automation and technological change in displacing manufacturing workers for decades. This process will only continue in coming years, with advances in robotics, artificial intelligence, and software that will eliminate many jobs while creating others, regardless of what policies the federal government may adopt toward trade and outsourcing.
- Topic:
- International Relations and International Affairs
- Political Geography:
- America