Adam Lent (Ashoka) - The Schumacher Contradiction - The battle between small and big in the 21st...

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The Schumacher Contradiction Adam Lent

Transcript of Adam Lent (Ashoka) - The Schumacher Contradiction - The battle between small and big in the 21st...

The Schumacher Contradiction

Adam Lent

The Schumacher Contradiction

Human scale technology is unleashing creativity,

autonomous working lives and small business just as

Schumacher predicted

Economic power has simultaneously become more concentrated and

large scale.

The concentration of economic power

• 0.1% of US households now own 22% of the value of all assets up from just 7% in the early 1970sWealth

• Top 10% of male earners in the UK have seen weekly earnings double from £500 per week in the early 1970s to over £1,000 by 2008 while the poorest have seen a rise from £200 to around £300. Income

• The top 500 global corporations earn a third of all business revenues up from a fifth in the 1960s.Market Share

The Schumacher Contradiction

We have the tools …

… but not the resources to use

them fully.

The Risks of the Schumacher Contradiction

Triviality

Thwarted Potential

Conflict

Fulfilling the Small is Beautiful Revolution

Restructuring the Corporation

Expanding Home Ownership

Reviving Anti-Trust