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Can Technology Change Too Fast?

In: Structural Change, Economic Interdependence and World Development

Author

Listed:
  • A. P. Carter

    (Brandeis University)

Abstract

Three incidents brought the topic of this paper to my attention. The first is the hundredth anniversary of my (deceased) father’s birth in August 1883. In the 1920s, my father founded a very successful enterprise that manufactured windshield wipers and other automobile supplies. In the early 1930s, General Motors began to market its cars fully equipped. As a result, our family sustained major economic and social losses. We were only partly salvaged by the Second World War.

Suggested Citation

  • A. P. Carter, 1987. "Can Technology Change Too Fast?," International Economic Association Series, in: Luigi Pasinetti & Peter Lloyd (ed.), Structural Change, Economic Interdependence and World Development, chapter 3, pages 13-26, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-18840-6_3
    DOI: 10.1007/978-1-349-18840-6_3
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