The 8th Global Peter Drucker Forum 2016 occurred on Thursday 17 and Friday 18 November 2016.
The theme for this year’s Drucker Forum was: “THE ENTREPRENEURIAL SOCIETY”. Visit their website to view the program, list of speakers and more…
The economist Adrian Woolridge was one of the panelists on a talk on Thursday titled “The State as Enabler, Investor, Innovator”.
Adrian Wooldridge is the Management Editor and ‘Schumpeter’ columnist for The Economist magazine. Until July 2009 he was The Economist’s Washington Bureau Chief.
Several economists, including Richard Wolff, have been highlighting that relocation, automation, and even bossless workplaces are reducing the need for people in the global economy.
In the panel discussion Adrian Woolridge shared his predictions.
- Enormous process of job destruction.
- Enormous concentration of capital. Instead of reinvesting many of the largest companies, like Apple, are engaging in share buy backs. We are experiencing a trend toward greater monopolization in the global economy.
- Waves of populist revolts.
- Unaccountability of corporations and companies.
- States having to deal with unemployment, riots, and becoming the policemen of the world.
What do you think?
How should we, the people, respond to these trends?
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