Monday, September 8, 2014

HBS Study: The widening gap between the rich and the rest of us is ‘unsustainable’

The widening gap between America’s wealthiest and its middle and lower classes is “unsustainable”, but is unlikely to improve any time soon, according to a Harvard Business School study released on Monday. 
The study, titled “An Economy Doing Half its Job”, said American companies – particularly big ones – were showing some signs of recovering their competitive edge on the world stage since the financial crisis, but that workers would likely keep struggling to demand better pay and benefits. 
“We argue that such a divergence is unsustainable,” according to the report, which was based on a survey of 1,947 of Harvard Business School alumni around the globe, and which highlighted problems with the U.S. education system, transport infrastructure, and the effectiveness of the political system. 
The Raw Story
Study: The widening gap between the rich and the rest of us is ‘unsustainable’Reuters

5 comments:

David said...

Feudalism was "unsustainable" too and yet it limped on for hundreds of years. The present situation won't change because of some imagined historical process but only if people get busy to change it.

Roger Erickson said...

hear, hear, David.

What's your 1st suggestion? Step 1?

Matt Franko said...

1. Send that copper clad thing standing in N.Y. harbor back to France...

David said...

Well, Roger, step 1 for the individual is having a number of those small epiphanies that add up to a change in worldview. We then try to communicate with enough people to achieve some kind of social critical mass. Things have changed quite a bit in the past few years in that many more people see the situation we are in with considerable clarity. We need many more people, say, in finance or the military, to understand that they are involved in what amounts to protection racket for a global elite. This is difficult since they tend to be quite well rewarded by the current system and have had a belief inculcated in them that they are serving more noble purposes.

Roger Erickson said...

Agreed David.

To scale up that desired outcome requires methods.

Say we need 10% of the electorate better informed. That's 30million people, or 15 million if you assume half adults at any one time.

We're talking a PAC, or political party, or a dedicated think tank, or an organization of some kind - if old methods are used.
(Are you willing to help with any of these?)

What are some of the NEW ways to recruit an electorate to explore new options, sooner rather than later?

An OpenSource project? We have diverse individual efforts in blogs, books, essays and events.

That's good practice, but is barely making a dent - if at all.

So what's next? Force extension (mobilization) requires coordination of diverse local efforts into an organized recruitment process that builds momentum.

Mobilization requires:
1) an emerging Desired Outcome that people can endorse (get on board with)
2) constantly evolving Milestone Goals
3) new additions to Policies
4) new additions to Strategies
5) new additions Tactics

Nothing in a population this size gets done without entirely new levels of:

STAGING, LINKING, SEQUENCING the activities of many different people into one big choreography.

Let's talk.
rge At Op er ation s Ins titute dot commies

:)