The headlines about the economic fortunes of the 1% and the associated political maneuvering to influence and manipulate our world view are disturbingly reminiscent of those in the early-twentieth century when mega-corporations called “trusts” ruled the day. This is exactly what French economist Thomas Piketty’s recent wildly best-selling book, Capital in the Twenty-First Century, tells us is happening again, but this time on our watch. Piketty narrates the dark story of high-efficiency capitalism and what happens when resources are concentrated and powerful groups take control of the market and the supply chain. It’s an indictment of the state of our world that’s set off both controversy and celebration. Many young and dispossessed people are inspired by Piketty’s neo-Marxian call for equality while those of us who have found our way through the Capitalist jungle are defending the benefits of a laissez-faire economy. (more…)
Innovations don’t stay innovations. There’s that drawer in all of our houses with the electronics, gadgets, and devices that were the it-thing in their own time and now have outgrown their usefulness and creativity. The challenge is not to become innovative but to stayinnovative.
How do you stay competitive and drive growth on a long-term horizon? (more…)
Meet Jack. He knows he will never be a creative genius. He learned that in fifth grade during his weekly trumpet lessons when he sat next to Wynton Marsalis. He learned it again in ninth grade when we played on his junior high basketball with Magic Johnson. He learned it yet again in college when Timothy Berners-Lee was his computer lab partner. The difference in talent or good fortune didn’t seem fair or democratic to Jack, but he knew it was real. Jack knows the truth about creative genius because he has seen it in action and has the good sense to realize that he will never possess it.