.The Knowledge Economy is an economic system where the most advanced form of production is based on highly skilled labor that is easily transferable between organizations. Our modern example being Silicon Valley. This type of work has replaced industry/manufacturing for the title of "most advanced." Most advanced being summed as greatest returns for input.
The problem we have right now as Unger argues is that this new Knowledge Economy is insular - in that it is self-contained to tech hubs. His argument for the Progressive Movement is to spread the most advanced forms of production to all sectors and the only way to accomplish that is through institutional reformation. The labor of the future will be broken into cooperative efforts and self-employment - all under a system of free labor which can now be realized and empowered by technology.
He argues that no man should have to do a job a machine can do.
> The knowledge economy is the use of knowledge (savoir, savoir-faire, savoir-être) to generate tangible and intangible values[1]. Technology, and in particular, knowledge technology, helps to incorporate part of human knowledge into machines[2]. This knowledge can be used by decision support systems in various fields to generate economic value. Knowledge economy is also possible without technology.[3]
The problem we have right now as Unger argues is that this new Knowledge Economy is insular - in that it is self-contained to tech hubs. His argument for the Progressive Movement is to spread the most advanced forms of production to all sectors and the only way to accomplish that is through institutional reformation. The labor of the future will be broken into cooperative efforts and self-employment - all under a system of free labor which can now be realized and empowered by technology.
He argues that no man should have to do a job a machine can do.