Betterness: Economics for Humans is a powerful call to arms for a post-capitalist economy. Umair Haque argues that just as positive psychology revolutionized our understanding of mental health by recasting the field as more than just treating mental illness, we need to rethink our economic paradigm. Why? Because business as we know it has reached a state of diminishing returns - though we work harder and harder, we never seem to get anywhere.
"Made me think"
He turned the way things were done upside down. But he pushed too far, and they pushed him out. He spent years in the wilderness. They asked him to come back. This time, the rebellion was refined, polished, perfected. It made billions, not millions. The world applauded.
"Wow what a rip off"
Brexit seems to have finally woken the political and economic elites on both sides of the Atlantic to a reality they’ve been trying desperately, for years, to ignore: the middle class is suffering, and terribly. In both the UK and the US, median incomes have been stagnant for decades. Meanwhile, people are experiencing a kind of vulnerability and insecurity without precedent in the modern history of rich nations. In the UK, living standards have fallen for all but the wealthiest.
Who doesn’t want to be more efficient? Pay someone else to do your grocery shopping - and clean your house, walk your dog, take that package to the post office. "Our Economy Is Obsessed with Efficiency and Terrible at Everything Else" is from hbr.org, published on March 1, 2016.
Leadership is in an uncertain place. We long desperately for better leaders. But perhaps it is precisely our longing that’s the problem. We’re waiting for a rescue at the cost of our own redemption. Because it’s easier to complain about the leaders we have than to try to do better. After all, it’s a pretty hard job.