Power and Progress
Our Thousand-Year Struggle Over Technology and Prosperity
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Narrated by:
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Malcolm Hillgartner
About this listen
Two bestselling authors deliver a bold interpretation of why technology has all too often benefited elites - and how we must reshape the path of innovation to create true shared prosperity.
A thousand years of history and contemporary evidence make one thing clear. Progress is not automatic but depends on the choices we make about technology. New ways of organizing production and communication can either serve the narrow interests of an elite or become the foundation for widespread prosperity.
Much of the wealth generated by agricultural advances during the European Middle Ages was captured by the Church and used to build grand cathedrals while the peasants starved. The first hundred years of industrialization in England delivered stagnant incomes for workers, while making a few people very rich. And throughout the world today, digital technologies and artificial intelligence increase inequality and undermine democracy through excessive automation, massive data collection, and intrusive surveillance.
It doesn't have to be this way. Power and Progress demonstrates that the path of technology was once - and can again be - brought under control. The tremendous computing advances of the last half century can become empowering and democratizing tools, but not if all major decisions remain in the hands of a few hubristic tech leaders striving to build a society that elevates their own power and prestige.
With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the understanding and the vision to reshape how we innovate and who really gains from technological advances so we can create real prosperity for all.
2023, Financial Times and McKinsey Business Book of the Year Award, Long-listed
2023, Baillie Gifford Prize for Non-Fiction, Long-listed
©2023 Simon Johnson and Daron Acemoglu (P)2023 Hachette AudioListeners also enjoyed...
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Many blame today's economic inequality, stagnation, and political instability on the free market. The solution is to rein in the market, right? Radical Markets turns this thinking - and pretty much all conventional thinking about markets, both for and against - on its head. The book reveals bold new ways to organize markets for the good of everyone.
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Terrible Reader ruins this book
- By Brian W. Veit on 10-30-18
By: Eric A. Posner, and others
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The Prosperity Paradox
- How Innovation Can Lift Nations out of Poverty
- By: Clayton M. Christensen, Efosa Ojomo, Karen Dillon
- Narrated by: Mike Chamberlain
- Length: 9 hrs and 37 mins
- Unabridged
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Performance
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Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times best-seller How Will You Measure Your Life, and coauthors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity and offers a groundbreaking solution for true and lasting change.
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Simplistic, lack of insights
- By D. Cameron on 05-24-21
By: Clayton M. Christensen, and others
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The Mystery of Capital
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- Narrated by: Bob Souer
- Length: 6 hrs and 52 mins
- Unabridged
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Overall
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Performance
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Story
"The hour of capitalism's greatest triumph," writes Hernando de Soto, "is, in the eyes of four-fifths of humanity, its hour of crisis." In The Mystery of Capital, the world-famous Peruvian economist takes up one of the most pressing questions the world faces today: Why do some countries succeed at capitalism while others fail?
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Good global perspective on Capitalism
- By Nellie boi on 05-29-21
By: Hernando de Soto
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The Third Industrial Revolution
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- Narrated by: Kevin Foley
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Performance
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Story
Author Jeremy Rifkin presents an insider's account of the next great economic era: the Third Industrial Revolution, when a new ethic of sustainability will revolutionize the world we live in.
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Lamenting "The Third Industrial Revolution"
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The Entrepreneurial State
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- Narrated by: Callie Beaulieu
- Length: 9 hrs and 33 mins
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Overall
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Performance
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In this sharp and controversial international best seller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: The state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.
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Myth Breaker-a new model for innovation
- By Carl A. Gallozzi on 12-12-20
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China's Economy
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China's Economy: What Everyone Needs to Know® is a concise introduction to the most astonishing economic growth story of the last three decades. In the 1980s, China was an impoverished backwater, struggling to escape the political turmoil and economic mismanagement of the Mao era. Today it is the world's second biggest economy, the largest manufacturing and trading nation, the consumer of half the world's steel and coal, the biggest source of international tourists, and one of the most influential investors in developing countries from southeast Asia to Africa to Latin America.
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An interesting insight
- By Cole Peters on 11-28-18
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System Error
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- Narrated by: Kaleo Griffith
- Length: 11 hrs and 28 mins
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In no more than the blink of an eye, a naïve optimism about technology’s liberating potential has given way to a dystopian obsession with biased algorithms, surveillance capitalism, and job-displacing robots. System Error exposes the root of our current predicament - how big tech’s relentless focus on optimization is driving a future that reinforces discrimination, erodes privacy, displaces workers, and pollutes the information we get- and outlines steps we can take to change course, renew our democracy, and save ourselves.
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Excellent on tech. Weak on political speech.
- By Kindle Customer on 11-05-21
By: Rob Reich, and others
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The New Geography of Jobs
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Today, there are three Americas. At one extreme are the brain hubs with workers who are among the most productive, creative, and best-paid on the planet. At the other extreme are former manufacturing capitals that are rapidly losing jobs and residents. The rest of America could go either way. For the past 30 years, the three Americas have been growing apart at an accelerating rate. This divergence is one the most important developments in the history of the US and is reshaping the very fabric of our society. But the winners and losers aren't necessarily who you'd expect.
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Almost Stopped Listening
- By R. Hartley on 03-29-19
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The Fourth Industrial Revolution
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- Length: 5 hrs and 32 mins
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World-renowned economist Klaus Schwab, founder and executive chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work.
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Friendly reminding : On August 15th, 1971, the dec
- By steve white on 03-24-21
By: Klaus Schwab
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The Socialist Temptation
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- Length: 6 hrs and 13 mins
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Just 30 years ago, socialism seemed utterly discredited. An economic, moral, and political failure, socialism had rightly been thrown on the ash heap of history after the fall of the Berlin Wall. Unfortunately, bad ideas never truly go away — and socialism has come back with a vengeance. A generation of young people who don’t remember the misery that socialism inflicted on Russia and Eastern Europe is embracing it all over again.
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Full Of Important Insights
- By Ralph Alderson on 12-17-20
By: Iain Murray
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What listeners say about Power and Progress
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- Faycal Ikhouane
- 12-09-23
Position book
The book claims that it is not technology per se that increases the welfare of society, but rather the direction it takes (willingly or forcibly) in providing, for example, new jobs to compensate the negative effect of automatization on job availability. Examples that are cited are, amongst others, the dire living conditions of British society in the aftermath of the industrial revolution or the expansion of misinformation due to the use by social-media platforms of algorithms that reinforce misconceptions. I generally prefer books that do not take position and instead present objectively and critically the different positions/opinions of others with their corresponding justifications. This is not one of them. The authors have a clear position that they defend. This said, in my view, it's not a waste of time reading the contents of the present book.
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- Anonymous User
- 03-10-24
Thorough
A detailed and well researched book with eye opening content. Good presentation by the narrator
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