Can Technology Change Too Fast?

A. P. Carter
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A. P. Carter: Brandeis University

Chapter 3 in Structural Change, Economic Interdependence and World Development, 1987, pp 13-26 from Palgrave Macmillan

Abstract: 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.

Keywords: Technology Change; Productive Structure; Vertical Integration; Price System; Excess Capacity (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-18840-6_3

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DOI: 10.1007/978-1-349-18840-6_3

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