The Value of Work: Rethinking Labor Productivity in Times of COVID‐19 and Automation

This article provides a new perspective on the value of work and recommends ways to respond to labor market failures exacerbated by the COVID‐19 pandemic and by increased automation. We consider the human right to work, the dangers of pursuing short‐term efficiency, and the use of the U.N. Sustainab...

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Bibliographic Details
Published in:American Journal of Economics and Sociology 2020-09, Vol.79 (4), p.1345-1365
Main Authors: Chebly, Juan, Schiano, Austin, Mehra, Divya
Format: Article
Language:English
Subjects:
Automation
COVID-19
Economic development
Forecasts and trends
Human rights
Innovations
Labor market
Labor productivity
Pandemics
Productivity
Sustainable development
Value
Workers' rights
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Summary:This article provides a new perspective on the value of work and recommends ways to respond to labor market failures exacerbated by the COVID‐19 pandemic and by increased automation. We consider the human right to work, the dangers of pursuing short‐term efficiency, and the use of the U.N. Sustainable Development Goals as a framework for inclusive economic innovation. We conclude with recommended policies to build forward and achieve inclusive development.
ISSN:0002-9246
0010-7999
1536-7150
DOI:10.1111/ajes.12357