The Future of Work | Jacob Morgan

Summary of: The Future of Work: Attract New Talent, Build Better Leaders, and Create a Competitive Organization
By: Jacob Morgan

Introduction

Welcome to the engaging summary of ‘The Future of Work’. In this concise piece, you can anticipate exploring insightful topics and themes that delve into the effects of democratization on the world and the difference between democracy and liberty. The book highlights the importance of developing a stable middle class, fostering wealth, and maintaining focus on constitutional liberalism to bring positive changes to society. Dive into this summary to understand why liberties are in danger in countries with poor economic development and uncover the measures that can be taken to foster progress. Prepare to gain a lucid comprehension of the influential forces behind liberty and democracy and their impact on the world.

The Rise of Democracy

Over the past century, democracy has become the most prevailing political trend, with 119 countries classified as democracies in 2004. Democratization has been facilitated by the rise of technology, wealth, and the expanding middle class. However, the democratization of countries does not necessarily equate to the increase of liberty, as many countries that claim to be democratic have curtailed their citizens’ basic rights. Additionally, the rise of democratization has resulted in the reduction of state power and the transfer of power to capital markets, corporations, and non-governmental organizations. Democratization continues to be a worldwide movement, and the struggle between centralized state power and democratization has led to an increase in smuggling and terrorism. Despite this, democratization in cultural areas has flourished with the Internet’s dissipation of centralized control, as record-grossing movies, music, and TV shows reflect the public’s choice rather than a few critics’ opinions.

The Origin of Liberty

The rise of the Christian Church in Rome after 324 A.D. marked the origin of liberty, as it gained public control and challenged the state. The aristocracy developed unchallenged and forced King John to sign the Magna Carta, separating the powers of royalty, landed aristocracy, the church, and the towns. Capitalism heightened tensions between social and political classes, establishing a middle class that imitated the aristocrats. England’s great political and economic advances migrated to America, where the basics of consumerism, entrepreneurship, and liberal democracy were already in place.

The Threat to Liberty: Weak Economic Development

The link between economic development and liberal democracy is vital. Studies suggest that per capita income is directly related to the longevity of a country’s new democracy. Wealth plays a significant factor in giving the middle class and business communities an independent power base.
As per capita income increases, the state becomes more responsive to society’s needs, relying more on formalized laws. Nations such as Romania, Belarus, Bulgaria, Croatia, Malaysia, Turkey, Morocco, Tunisia, and Iran have higher per capita incomes. Hence, they’re on the cusp of developing democracies, although each country has political baggage, liberalizing the economy can foster liberal politics.
The concept is being tested in China, where the Communist Party still controls political power. Nonetheless, China’s economic growth has been unprecedented, with per capita income up from $1,394 in 1980 to $3,976 in 2000, and 170 million people have moved out of poverty. Government officials maintain their tough political stance, as seen during the Tiannamen Square Massacre, to prevent disorder. Countries with weak economic development face the threat of losing their liberties, while those with higher per capita income are on their way to immortality.

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