The industrial revolution and consequent terrible labor conditions sparked a wave of revolutions in Europe, and then a string of laws and protections for workers. As author and innovation expert Alec Ross describes it, we “rewrote the social contract.” But, Ross says, we may be due for another rewrite, as we transition from an industrial economy to one based on information and knowledge. He writes in his book, “The Raging 2020s: Companies, Countries, People – And the Fight For Our Future,” that some corporations have as much power as nations, government regulation is out of date, and workers have lost staggering amounts of wealth and agency. In this talk from the Society of Fellows at the Aspen Institute, Stephanie Mehta, editor in chief of Fast Company magazine, interviews Ross, a board partner at the venture capital firm Amplo and former innovation advisor for the State Department, about what went wrong and how we get back to equilibrium.
The global Covid-19 pandemic has worsened inequality. Oxfam International found that while billionaire fortunes returned to pre-pandemic highs in just nine months, a recovery for the world’s poorest people could take over a decade. In the United States, wealthier people have kept their jobs and decreased their expenses as they transitioned to working from home, while other...
The world's largest economy is rebounding from the pandemic more slowly than other global powerhouses. The European Union's economy is "on crutches," and isn't yet ready to stand on its own, says Christine Lagarde, president of the European Central Bank, which serves the 19 EU countries that use the Euro. Now that Europeans are getting vaccinated and the pandemic's peak ha...
Biographer Walter Isaacson's latest book tells the story of biochemist Jennifer Doudna. She helped develop a controversial tool that has the power to transform the human race. CRISPR can edit genes to cure diseases but can also be used to create designer babies.