The Abundance-Scarcity Paradox

Download The Abundance-Scarcity Paradox PDF Online Free

Author :
Publisher : Outskirts Press
ISBN 13 : 1977211089
Total Pages : 256 pages
Book Rating : 4.9/5 (772 download)

DOWNLOAD NOW!


Book Synopsis The Abundance-Scarcity Paradox by : Kenwyn K. Smith

Download or read book The Abundance-Scarcity Paradox written by Kenwyn K. Smith and published by Outskirts Press. This book was released on 2019-04-16 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is for young adults and their parents striving to navigate the turbulent waters of this transformational epoch. We are partway through a period of change that probably began when a young Albert Einstein penned on a scrappy piece of paper e=mc2. In time this will most likely be characterized as among the most significant in history, perhaps even more impactful than the Renaissance. One feature of this reformation is sure to be the development of a deep appreciation for the place of abundance in both nature and our lives. Today most people, organizations and communities describe their existence as a struggle to survive. Rarely does anyone report on how much they are thriving. That is strange because never before has humanity as a whole been so wealthy, so bathed in abundance. One reason is that most of contemporary life is governed by economic systems predicated on scarcity. Because it is not possible to make money unless there are natural or artificially-induced shortages, we are prone to reason about tradeoffs using a scarcity logic. As with every reformation, this era is both exciting and taxing. Once this transformation has taken root we will come to recognize that all of life is predicated on abundance. And with that realization we will begin to make major shifts in our thinking and our prioritizing. Of special import will be the addressing of an ancient folly that still haunts us. In his famous economic text Adam Smith signaled this dilemma by rhetorically asking why we assign zero monetary value to water, which is essential for all lives, but pay a small fortune for diamonds whose utility is purely symbolic? Economists have mostly ignored this issue, although the British fiscal maestro, Maynard Keynes did gratituously dub it the water-diamond paradox. Given the current socio-political complexities, the global world cannot possibly be sustained by an economic system based solely on scarcity. It needs to be augmented by a new financial infrastructure centered on abundance. As a precursor to this anticipated economic shift we face a large task, to develop a coherent and collective sense of abundance. This will take time. Since we already know a great deal about scarcity it seems wise to prepare for this evolutionary inevitability by learning to describe every-day events using the principles of abundance. Abundance is a way of seeing, a method of thinking, a form of emoting and a manner of intuiting. So is scarcity. Diamandis and Kotler, in their book Abundance, present a compelling and optimistic case that the future is better than we think. In the past people have treated shortages as evidence of scarcity and have spoken about abundance in terms of excesses. Such notions are now being re-conceptualized. Abundance involves balancing consumption and replenishment, decay and regeneration, expired pasts and future dreams. It also depends on the restrictions and regulatory actions of Yin-Yang-like rheostats. As with a pregnancy approaching full-term, when the confining function of scarcity subsides, the landscape of what-is-to-be emerges. In an artful way this book shows how everyday events can be experienced as either awash with abundance or burdened by scarcity. If we so chose, we can all be guided by a self-created and communally-sustained sense of abundance. Learning how to see the best and the worst of times with an abundance rather than a scarcity lens is the special gift of this book.

The Water Paradox

Download The Water Paradox PDF Online Free

Author :
Publisher : Yale University Press
ISBN 13 : 0300240570
Total Pages : 295 pages
Book Rating : 4.3/5 (2 download)

DOWNLOAD NOW!


Book Synopsis The Water Paradox by : Ed Barbier

Download or read book The Water Paradox written by Ed Barbier and published by Yale University Press. This book was released on 2019-02-26 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: A radical new approach to tackling the growing threat of water scarcity Water is essential to life, yet humankind’s relationship with water is complex. For millennia, we have perceived it as abundant and easily accessible. But water shortages are fast becoming a persistent reality for all nations, rich and poor. With demand outstripping supply, a global water crisis is imminent. In this trenchant critique of current water policies and practices, Edward Barbier argues that our water crisis is as much a failure of water management as it is a result of scarcity. Outdated governance structures and institutions, combined with continual underpricing, have perpetuated the overuse and undervaluation of water and disincentivized much-needed technological innovation. As a result “water grabbing” is on the rise, and cooperation to resolve these disputes is increasingly fraught. Barbier draws on evidence from countries across the globe to show the scale of the problem, and outlines the policy and management solutions needed to avert this crisis.

Scarcity, regulation, and the abundance society

Download Scarcity, regulation, and the abundance society PDF Online Free

Author :
Publisher : Frontiers Media SA
ISBN 13 : 2832521959
Total Pages : 274 pages
Book Rating : 4.8/5 (325 download)

DOWNLOAD NOW!


Book Synopsis Scarcity, regulation, and the abundance society by : Mark A. Lemley

Download or read book Scarcity, regulation, and the abundance society written by Mark A. Lemley and published by Frontiers Media SA. This book was released on 2023-04-27 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Economics of Abundance

Download The Economics of Abundance PDF Online Free

Author :
Publisher : Gower Publishing, Ltd.
ISBN 13 : 1409459543
Total Pages : 258 pages
Book Rating : 4.4/5 (94 download)

DOWNLOAD NOW!


Book Synopsis The Economics of Abundance by : Dr Wolfgang Hoeschele

Download or read book The Economics of Abundance written by Dr Wolfgang Hoeschele and published by Gower Publishing, Ltd.. This book was released on 2012-08-28 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: No matter how many resources we consume we never seem to have enough. The Economics of Abundance is a balanced book in which Wolfgang Hoeschele challenges why this is so. He claims that our current capitalist economy can exist only on the basis of manufactured scarcity created by 'scarcity-generating institutions', and these institutions manipulate both demand and supply of commodities. Therefore demand consistently exceeds supply, and profits and economic growth can continue – at the cost of individual freedom, social equity, and ecological sustainability. The fact that continual increases in demand are so vital to our economy leads to an impasse: many people see no alternative to the generation of ever more demand, but at the same time recognize that it is clearly unsustainable ecologically and socially. So, can demand only be reduced by curtailing freedom and is this acceptable? This book argues that, by analyzing how scarcity-generating institutions work and then reforming or dismantling them, we can enhance individual freedom and support entrepreneurial initiative, and at the same time make progress toward social justice and environmental sustainability by reducing demands on vital resources. This vision would enable activists in many fields (social justice, civil liberties, and environmental protection), as well as many entrepreneurs and other members of civil society to work together much more effectively, make it more difficult to portray all these groups as contradictory special interests, and thereby help generate momentum for positive change. Meanwhile, for academics in many fields of study, the concept of the creation of scarcity or abundance may be a highly useful analytical tool.

Sustainable Development Goals

Download Sustainable Development Goals PDF Online Free

Author :
Publisher : John Wiley & Sons
ISBN 13 : 1119541840
Total Pages : 328 pages
Book Rating : 4.1/5 (195 download)

DOWNLOAD NOW!


Book Synopsis Sustainable Development Goals by : Julia Walker

Download or read book Sustainable Development Goals written by Julia Walker and published by John Wiley & Sons. This book was released on 2019-08-27 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving the Sustainable Development Goals through Finance, Technology and Law Reform Achieving the SDGs requires a fundamental rethink from businesses and governments across the globe. To make the ambitious goals a reality, trillions of dollars need to be harnessed to mobilise finance and accelerate progress towards the SDGs. Bringing together leaders from the World Bank, the financial and business sectors, the startup community and academia, this important, topically relevant volume explains what the SDGs are, how they came about and how they can be accelerated. Real-world case studies and authoritative insights address how to direct investment of existing financial resources and re-align the global financial system to reflect the SDGs. In depth chapters discuss how financial institutions, such as UBS Wealth Management, Manulife Asset Management and Moody’s Rating Agency are supporting the SDGs. The opportunities arising from Blockchain, Big Data, Digital Identity and cutting-edge FinTech and RegTech applications are explored, whilst the relevance of sustainable and transparent global supply chains is underscored. Significant attention is paid to law reform which can accelerate progress of the SDGs through SME Financing, Crowdfunding, Peer-to-Peer Lending and tax restructuring. To achieve the ‘World We Want’, much needs to be done. The recommendations contained within this book are critical for supporting a fundamental shift in thinking from business and governments around the world, and for building a more just and prosperous future for all.

The Land of Too Much

Download The Land of Too Much PDF Online Free

Author :
Publisher : Harvard University Press
ISBN 13 : 0674071549
Total Pages : 306 pages
Book Rating : 4.6/5 (74 download)

DOWNLOAD NOW!


Book Synopsis The Land of Too Much by : Monica Prasad

Download or read book The Land of Too Much written by Monica Prasad and published by Harvard University Press. This book was released on 2012-12-31 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Land of Too Much presents a simple but powerful hypothesis that addresses three questions: Why does the United States have more poverty than any other developed country? Why did it experience an attack on state intervention starting in the 1980s, known today as the neoliberal revolution? And why did it recently suffer the greatest economic meltdown in seventy-five years? Although the United States is often considered a liberal, laissez-faire state, Monica Prasad marshals convincing evidence to the contrary. Indeed, she argues that a strong tradition of government intervention undermined the development of a European-style welfare state. The demand-side theory of comparative political economy she develops here explains how and why this happened. Her argument begins in the late nineteenth century, when America’s explosive economic growth overwhelmed world markets, causing price declines everywhere. While European countries adopted protectionist policies in response, in the United States lower prices spurred an agrarian movement that rearranged the political landscape. The federal government instituted progressive taxation and a series of strict financial regulations that ironically resulted in more freely available credit. As European countries developed growth models focused on investment and exports, the United States developed a growth model based on consumption. These large-scale interventions led to economic growth that met citizen needs through private credit rather than through social welfare policies. Among the outcomes have been higher poverty, a backlash against taxation and regulation, and a housing bubble fueled by “mortgage Keynesianism.” This book will launch a thousand debates.

The Paradox of Choice

Download The Paradox of Choice PDF Online Free

Author :
Publisher : Harper Collins
ISBN 13 : 0061748994
Total Pages : 308 pages
Book Rating : 4.0/5 (617 download)

DOWNLOAD NOW!


Book Synopsis The Paradox of Choice by : Barry Schwartz

Download or read book The Paradox of Choice written by Barry Schwartz and published by Harper Collins. This book was released on 2009-10-13 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Whether we're buying a pair of jeans, ordering a cup of coffee, selecting a long-distance carrier, applying to college, choosing a doctor, or setting up a 401(k), everyday decisions—both big and small—have become increasingly complex due to the overwhelming abundance of choice with which we are presented. As Americans, we assume that more choice means better options and greater satisfaction. But beware of excessive choice: choice overload can make you question the decisions you make before you even make them, it can set you up for unrealistically high expectations, and it can make you blame yourself for any and all failures. In the long run, this can lead to decision-making paralysis, anxiety, and perpetual stress. And, in a culture that tells us that there is no excuse for falling short of perfection when your options are limitless, too much choice can lead to clinical depression. In The Paradox of Choice, Barry Schwartz explains at what point choice—the hallmark of individual freedom and self-determination that we so cherish—becomes detrimental to our psychological and emotional well-being. In accessible, engaging, and anecdotal prose, Schwartz shows how the dramatic explosion in choice—from the mundane to the profound challenges of balancing career, family, and individual needs—has paradoxically become a problem instead of a solution. Schwartz also shows how our obsession with choice encourages us to seek that which makes us feel worse. By synthesizing current research in the social sciences, Schwartz makes the counter intuitive case that eliminating choices can greatly reduce the stress, anxiety, and busyness of our lives. He offers eleven practical steps on how to limit choices to a manageable number, have the discipline to focus on those that are important and ignore the rest, and ultimately derive greater satisfaction from the choices you have to make.

The Promise of Paradox

Download The Promise of Paradox PDF Online Free

Author :
Publisher : Jossey-Bass
ISBN 13 : 0470649917
Total Pages : 192 pages
Book Rating : 4.4/5 (76 download)

DOWNLOAD NOW!


Book Synopsis The Promise of Paradox by : Parker J. Palmer

Download or read book The Promise of Paradox written by Parker J. Palmer and published by Jossey-Bass. This book was released on 2010-02-19 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1980—and reissued here with a feisty new introductory essay—The Promise of Paradox launched Parker J. Palmer’s career as an author and his ongoing exploration of the contradictions that vex and enrich our lives. In this probing and heartfelt book, the distinguished writer, teacher, and activist examines some of the challenging questions at the core of Christian spirituality. How do we live with the apparent opposition between good and evil, scarcity and abundance, individuality and community, death and new life? We can hold them as paradoxes, not “either/ors,” allowing them to open our minds and hearts to new ways of seeing and being.

Scarcity

Download Scarcity PDF Online Free

Author :
Publisher : Macmillan
ISBN 13 : 0805092641
Total Pages : 303 pages
Book Rating : 4.8/5 (5 download)

DOWNLOAD NOW!


Book Synopsis Scarcity by : Sendhil Mullainathan

Download or read book Scarcity written by Sendhil Mullainathan and published by Macmillan. This book was released on 2013-09-03 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: A surprising and intriguing examination of how scarcity—and our flawed responses to it—shapes our lives, our society, and our culture

Sustainable Growth in a Post-Scarcity World

Download Sustainable Growth in a Post-Scarcity World PDF Online Free

Author :
Publisher : CRC Press
ISBN 13 : 1317047796
Total Pages : 264 pages
Book Rating : 4.3/5 (17 download)

DOWNLOAD NOW!


Book Synopsis Sustainable Growth in a Post-Scarcity World by : Philip Sadler

Download or read book Sustainable Growth in a Post-Scarcity World written by Philip Sadler and published by CRC Press. This book was released on 2016-04-01 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 20 years ago Philip Sadler, then head of a leading British business school, wrote Managerial Leadership in the Post-Industrial Society. In it he predicted that business would experience the most radical transformation since the Industrial Revolution of the 19th century. This transformation has now taken place. In his latest book, Sustainable Growth in a Post-Scarcity World, Sadler charts developments once envisaged by Keynes, Chase, Galbraith and Packard, and more recent radical thinkers such as Chris Anderson. Sadler describes how many goods and services have moved from relative scarcity to relative abundance, and asks how this trend can be reconciled with the global issues of population growth and climate change. He assesses the impact of new technologies, new energy sources, new materials and the development of artificial intelligence, on business, government and economics, and discusses the challenges ahead - the creation of new business models, the need to meet people's legitimate expectations of improved living conditions while avoiding environmental catastrophe, and the need to adapt ideas developed in scarcity to conditions of abundance. Why is it that in countries foremost in creating post-scarcity conditions, millions are still in poverty, and billions, worldwide, still lack basic necessities of life? Philip Sadler agrees with those who say the relief of global poverty cannot rely on aid and corporate philanthropy. He explores the idea of re-engineering products and delivering them into bottom-of-the-pyramid (BOP) markets, and concludes that the more global companies take this route, as some are already doing, the more profitable they will find it, and this will in turn help the poorest people who currently pay more for goods and services - the 'poverty penalty' - than the rich.

Trekonomics

Download Trekonomics PDF Online Free

Author :
Publisher : Inkshares
ISBN 13 : 1941758762
Total Pages : pages
Book Rating : 4.9/5 (417 download)

DOWNLOAD NOW!


Book Synopsis Trekonomics by : Manu Saadia

Download or read book Trekonomics written by Manu Saadia and published by Inkshares. This book was released on 2016-05-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Manu Saadia has managed to show us one more reason, perhaps the most compelling one of all, why we all need the world of Star Trek to one day become the world we live in." — Chris Black, Writer and Co-Executive Producer, Star Trek: Enterprise What would the world look like if everybody had everything they wanted or needed? Trekonomics, the premier book in financial journalist Felix Salmon's imprint PiperText, approaches scarcity economics by coming at it backwards — through thinking about a universe where scarcity does not exist. Delving deep into the details and intricacies of 24th century society, Trekonomics explores post-scarcity and whether we, as humans, are equipped for it. What are the prospects of automation and artificial intelligence? Is there really no money in Star Trek? Is Trekonomics at all possible?

Both/And Thinking

Download Both/And Thinking PDF Online Free

Author :
Publisher : Harvard Business Press
ISBN 13 : 1647821053
Total Pages : 188 pages
Book Rating : 4.6/5 (478 download)

DOWNLOAD NOW!


Book Synopsis Both/And Thinking by : Wendy Smith

Download or read book Both/And Thinking written by Wendy Smith and published by Harvard Business Press. This book was released on 2022-08-09 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: An insightful and inspiring book on using "both/and" thinking to make more creative, flexible, and impactful decisions in a world of competing demands. Life is full of paradoxes. How can we each express our individuality while also being a team player? How do we balance work and life? How can we improve diversity while promoting opportunities for all? How can we manage the core business while innovating for the future? For many of us, these competing and interwoven demands are a source of conflict. Since our brains love to make either-or choices, we choose one option over the other. We deal with the uncertainty by asserting certainty. There's a better way. In Both/And Thinking, Wendy Smith and Marianne Lewis help readers cope with multiple, knotted tensions at the same time. Drawing from more than twenty years of pioneering research, they provide tools and lessons for transforming these tensions into opportunities for innovation and personal growth. Filled with practical advice and fascinating stories—including firsthand tales from IBM, LEGO, and Unilever, as well as from startups, nonprofits, and even an inn at one of the four corners of the world—Both/And Thinking will change the way you approach your most vexing problems.

The Accidental Reef and Other Ecological Odysseys in the Great Lakes

Download The Accidental Reef and Other Ecological Odysseys in the Great Lakes PDF Online Free

Author :
Publisher : MSU Press
ISBN 13 : 1628954493
Total Pages : 226 pages
Book Rating : 4.6/5 (289 download)

DOWNLOAD NOW!


Book Synopsis The Accidental Reef and Other Ecological Odysseys in the Great Lakes by : Lynne Heasley

Download or read book The Accidental Reef and Other Ecological Odysseys in the Great Lakes written by Lynne Heasley and published by MSU Press. This book was released on 2021-08-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: 2022 NAUTILUS SILVER WINNER FOR LYRIC PROSE—In The Accidental Reef and Other Ecological Odysseys in the Great Lakes, Lynne Heasley illuminates an underwater world that, despite a ferocious industrial history, remains wondrous and worthy of care. From its first scene in a benighted Great Lakes river, where lake sturgeon thrash and spawn, this powerful book takes readers on journeys through the Great Lakes, alongside fish and fishers, scuba divers and scientists, toxic pollutants and threatened communities, oil pipelines and invasive species, Indigenous peoples and federal agencies. With dazzling illustrations from Glenn Wolff, the book helps us know the Great Lakes in new ways and grapple with the legacies and alternative futures that come from their abundance of natural wealth. Suffused with curiosity, empathy, and wit, The Accidental Reef will not fail to astonish and inspire.

The Pursuit of Time and Money

Download The Pursuit of Time and Money PDF Online Free

Author :
Publisher : Morgan James Publishing
ISBN 13 : 1683503236
Total Pages : 197 pages
Book Rating : 4.6/5 (835 download)

DOWNLOAD NOW!


Book Synopsis The Pursuit of Time and Money by : Sharon L. Spano

Download or read book The Pursuit of Time and Money written by Sharon L. Spano and published by Morgan James Publishing. This book was released on 2017-06-09 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Recognizing patterns and behaviors, [Spano] provides an effective road map through ‘reflective practice’ for personal growth and prosperity.” —James Sang Lee, four-time ISKA World Martial Arts Champion The Pursuit of Time and Money explores the relationship between time and money and how those hidden dimensions impact perspectives and choices. The goal is to help people in business transform their relationship with time and money so they can let go of fear and scarcity and experience a more meaningful and prosperous experience of life. Sharon Spano explores the paradox of time and money from a human developmental lens that supports people in transformational change. “If you are looking for ways to increase profitability or become more efficient, this book is not for you. If, however, you want to discover a transformative pathway to living a life of radical abundance, prosperity, and freedom, then The Pursuit of Time and Money is the place to begin.” —Matthew Simpson, Founder & Creative Director, Infusion “Building on existing research, Dr. Sharon Spano provides a roadmap for making the transition from a life lived out of a paradigm of scarcity to one of abundance.” —Gregory L. Holzhauer, Law Partner, Winderweedle, Haines, Ward & Woodman, P.A. “Dr. Spano shows us how time and money are intricately connected windows into the soul of a human being and how they impact both our lives and relationships on a daily basis.” —Caleb Grover, M.A., M.Div, Agape Counseling Center, Licensed Mental Health Counselor

The Justice Motive in Social Behavior

Download The Justice Motive in Social Behavior PDF Online Free

Author :
Publisher : Springer Science & Business Media
ISBN 13 : 1489904298
Total Pages : 497 pages
Book Rating : 4.4/5 (899 download)

DOWNLOAD NOW!


Book Synopsis The Justice Motive in Social Behavior by : Melvin J. Lerner

Download or read book The Justice Motive in Social Behavior written by Melvin J. Lerner and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume was conceived out of the concern with what the imminent future holds for the "have" countries ... those societies, such as the United States, which are based on complex technology and a high level of energy consumption. Even the most sanguine projection includes as base minimum relatively rapid and radical change in all aspects of the society, reflecting adaptation or reactions to demands created by poten tial threat to the technological base, sources of energy, to the life-support system itself. Whatever the source of these threats-whether they are the result of politically endogeneous or exogeneous forces-they will elicit changes in our social institutions; changes resulting not only from attempts to adapt but also from unintended consequences of failures to adapt. One reasonable assumption is that whatever the future holds for us, we would prefer to live in a world of minimal suffering with the greatest opportunity for fulfilling the human potential. The question then becomes one of how we can provide for these goals in that scenario for the imminent future ... a world of threat, change, need to adapt, diminishing access to that which has been familiar, comfortable, needed.

In Line Behind a Billion People

Download In Line Behind a Billion People PDF Online Free

Author :
Publisher : Pearson Education
ISBN 13 : 0133133893
Total Pages : 343 pages
Book Rating : 4.1/5 (331 download)

DOWNLOAD NOW!


Book Synopsis In Line Behind a Billion People by : Damien Ma

Download or read book In Line Behind a Billion People written by Damien Ma and published by Pearson Education. This book was released on 2014 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors set out each of the scarcities that could limit China's power and stall its progress. Beyond scarcities of natural resources and public goods, they explore China's persistent poverties of individual freedoms, institutions, and ideological appeal--and the corrosive loss of values among a growing middle class shackled by a parochial and inflexible political system.

Sustainable Growth in a Post-Scarcity World

Download Sustainable Growth in a Post-Scarcity World PDF Online Free

Author :
Publisher : Gower Publishing, Ltd.
ISBN 13 : 1409459616
Total Pages : 272 pages
Book Rating : 4.4/5 (94 download)

DOWNLOAD NOW!


Book Synopsis Sustainable Growth in a Post-Scarcity World by : Mr Philip Sadler

Download or read book Sustainable Growth in a Post-Scarcity World written by Mr Philip Sadler and published by Gower Publishing, Ltd.. This book was released on 2012-08-28 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 20 years ago Philip Sadler, then head of a leading British business school, wrote Managerial Leadership in the Post-Industrial Society. In it he predicted that business would experience the most radical transformation since the Industrial Revolution of the 19th century. This transformation has now taken place. In his latest book, Sustainable Growth in a Post-Scarcity World, Sadler charts developments once envisaged by Keynes, Chase, Galbraith and Packard, and more recent radical thinkers such as Chris Anderson. Sadler describes how many goods and services have moved from relative scarcity to relative abundance, and asks how this trend can be reconciled with the global issues of population growth and climate change. He assesses the impact of new technologies, new energy sources, new materials and the development of artificial intelligence, on business, government and economics, and discusses the challenges ahead – the creation of new business models, the need to meet people's legitimate expectations of improved living conditions while avoiding environmental catastrophe, and the need to adapt ideas developed in scarcity to conditions of abundance. Why is it that in countries foremost in creating post-scarcity conditions, millions are still in poverty, and billions, worldwide, still lack basic necessities of life? Philip Sadler agrees with those who say the relief of global poverty cannot rely on aid and corporate philanthropy. He explores the idea of re-engineering products and delivering them into bottom-of-the-pyramid (BOP) markets, and concludes that the more global companies take this route, as some are already doing, the more profitable they will find it, and this will in turn help the poorest people who currently pay more for goods and services – the 'poverty penalty' – than the rich.