Part 6/9:
This diversified approach helps shield citizens from economic shocks and political whims, fostering economic resilience.
The Evolving Social Contract and Power Dynamics
The social contract traditionally involves the people, the state, and business interests. However, in the current landscape, there’s a pressing need to rebalance power. Historically, labor rights—the ability to demand fair wages and conditions—have been a cornerstone of democratic societies. Yet, as automation reduces the leverage of workers, labor rights erode, threatening not only individual economic security but also property and democratic rights.