Technology, capitalism, and the social contract

Abstract

In this article, we draw out implications for the social contract from the increasing use of digital technology. We look first at the particular consequences of digital technology for the employment relationship. We then turn to the consequences for capitalism and identify three particular narratives: in entrenching of capitalism, amendments to capitalism, and post-capitalism. Our aim is to focus on current uses of digital technology and changes that are already present in the workplace and rely on empirical evidence rather than develop speculative ideas about large-scale economic and social change. We conclude with some reflection on ethics and trust.