The revenge of the precariat
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Dhaka, Nov. 21 -- Before the Covid-19 pandemic, the role of low-skilled labour in the economy was assumed to be in decline. In digitally disrupted labour markets, where fancy STEM (science, technology, engineering, mathematics) professions enjoy pride of place, only highly qualified professionals can thrive. Those whose jobs are threatened by new technologies are condemned to precariousness, redundancy, downward mobility, and declining standards of living.
The pandemic has partly debunked this narrative, by revealing which workers truly are essential. It turns out that there still are no good technological substitutes for the street cleaners, shopkeepers, utility workers, food deliverers, truckers, or bus drivers who have kept the econom...
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