The aim of this paper is twofold. On the one hand, the economic insights about the employment impact of technological change are disentangled starting from the classical economists to nowadays theoretical and empirical analyses. On the other hand, an empirical test is provided; in particular,...

Comparative analysis of Marx and Schumpeter's views and vision on various aspects like Capitalism has greatly interested academicians. Their understanding of aspects like Capitalism’s creative destruction has been a matter of deliberation for many great scholars in the past. Technology today...