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