Discuss the impact of automation on the income distribution. Everyone is potentially better off. The problem is maintaining an income distribution which promotes political stability. Empirically, the political stability of industrial democracies is based on two factors. When real incomes are rising the majority will support the pro business party.
Japan is a classic example of the workforce supporting the business party.
With social mobility, the ambitious from poor parents will concentrate on achieving personal success rather than revolution. Stability of previous industrialization Consider first the industrial revolution in England, which began in the later part of the 18th century. Prior to the innovation of textile mills, merchants brought textile work to cottages. Cottages specialized in one function such as spinning or weaving. The merchant organized transportation from one function to another.