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Global capitalism has a serious problem. Organizations such as Oxford University and the Brookings Institute say nearly 50 per cent of today’s jobs are “at risk” of being computerized over the next 20 years.

At its 2016 annual meeting, the World Economic Forum predicted a “fourth industrial revolution” that will result in a net loss of five million jobs over the next five years in 15 countries.

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Across the globe workers angrily denounce the shortage of jobs that pay enough to support decent way of life. The middle class in many advanced countries feel they are being hollowed out.

People who feel they have nothing to lose often make self-defeating political decisions. Witness Brexit in the U.K., Donald Trump in America and the ascension of Doug Ford in Ontario.

Business, in its own self-interest, is groping for ways to reform capitalism so its economic proceeds are spread more equitably. But answers that satisfy all the stakeholders are hard to find.