From 600+ conversations with the world’s leading thinkers.
For four decades, real wages for Americans haven't experienced any significant growth. Prior to the pandemic, it was reported by the Brookings Institute that 53 million Americans were trapped in low wage jobs, where their earnings failed to adequately cover their needs. This cyclical deprivation extends beyond monetary constraints, manifesting in heightened levels of stress, health concerns, and impaired cognitive functioning.
Most of the venture backed businesses, and venture capital firms, are a mirror-tocracy not a meritocracy! Senior executives are disproportionately drawn from a narrow stratum of society – in the US, this means Ivy-League Schools such as Stanford. They tend to be overwhelmingly white (and increasingly now Asian) but certainly overwhelmingly male.
In our modern world, everyone has an opinion about everything; and it's powerful to step back and go, 'you know what… I genuinely don't have an opinion about that…' – taking that position is seen as most terrible in today's day and age, but if you really work to dismantle all the things you think you are, you'll probably find you don't have an opinion about so many things.
In the advanced countries, it is a very challenging time for people in the middle-income and middle-education range. They are being subjected to greater competition from labour saving technology.
I'd argue it's easier now than ever, given the world's increasing openness to varied perspectives. Society's acceptance of homosexuality was a significant milestone, and now we're witnessing similar progress concerning gender issues. I perceive these shifts as testament to the world's growing receptivity to new ideas.
What we managed to do was to bring these people together. I soon realized that human rights advocates, arms experts, and policy makers, despite their different fields, were all driven by the same curiosity and thirst for more information, each bringing their unique perspective to the table.
The people in the advanced countries now face a choice: we can express justified horror, or we can seek to understand what may have led to the crimes. If we refuse to do the latter, we will be contributing to the likelihood that much worse lies ahead.
The will to live together is the fundamental pillar that keeps society going- and that pillar is now under threat. This new messy form of fascism that we have been subjected to in several countries is damaging these fundaments. We are losing the will to live together… What will we do when we lose the will to live together? That's one of the fundamental questions of our time.
Poor families in the informal economy are both producers and consumers. In both roles, they need access to financial services at least as much as wealthier producers and consumers. They may even need it more because they have far less regular income and expense streams and less of an economic cushion to begin with.
Modern society, specifically the modern economy, is very mobile. Our friendships and social networks become very quickly dispersed. At any one time, we build friendships and relationships with people and, for example, due to work, move on.
The silence we've adopted, along with the habits, behaviours, and patterns we've established, don't have to dictate how we proceed today or tomorrow, even if they characterized our yesterdays. It's challenging, to be clear. Changing behaviours is difficult. But on the other side of that challenge lies the opportunity for us to meet our needs, to build the teams we truly intend to build.
Power is seized with the gun and maintained with the pen. Controlling public opinion through propaganda and misinformation is the most critical task of an authoritarian power.