Insights · November 1st, 2013

As those of you who hear me speak know, besides climate change I think the greatest future challenge we face is what I label “income gap economics.” Unless we can reverse the drift toward a world where 1% owns 40% or more of wealth and the bottom 60% own 7% of wealth, and where half the country is now classified as low income or poor, it is hard to imagine how the experiment with a democratic republic survives. Reading this and that today, I was led to Wendell Berry, one of my early philosophic heroes. In this article he says,

The two great aims of industrialism — replacement of people by technology and concentration of wealth into the hands of a small plutocracy — seem close to fulfillment.

Is it true?

Category
Art & Society Asides Business & Economy
NikolasBadminton_ChiefFuturist

Nikolas Badminton

Nikolas is the Chief Futurist of the Futurist Think Tank. He is world-renowned futurist speaker, a Fellow of The RSA, and has worked with over 300 of the world’s most impactful companies to establish strategic foresight capabilities, identify trends shaping our world, help anticipate unforeseen risks, and design equitable futures for all. In his new book – ‘Facing Our Futures’ – he challenges short-term thinking and provides executives and organizations with the foundations for futures design and the tools to ignite curiosity, create a framework for futures exploration, and shift their mindset from what is to WHAT IF…

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