Part 3/10:
Economic agency becomes a crucial factor for individuals seeking stability in an automated economy. It is defined as the individual's capacity to shape their financial destiny through social mechanisms and established rights. Within modern civil societies, economic agency manifests through three primary components:
Labor Rights: The ability to work and negotiate fair compensation plays a vital role in securing economic stability. However, as automation eliminates traditional labor roles, the relevance of labor rights may wane.
Property Rights: Ownership of assets fosters wealth accumulation and financial security. Protecting and expanding property rights is essential for driving economic progress and ensuring a path for economic agency in a technology-driven landscape.