Like the wind, knowledge can be difficult to see or grasp, but if well-harnessed, it can help us do extraordinary things. In this talk, Dr Penny Mealy will discuss how novel analytical tools are providing new insights into the use of knowledge in society, and highlight implications for economic development, inequality and the transition to the green economy.
The 5th Annual Oxford Business and Poverty Conference will feature a diverse range of speakers addressing the Paradoxes of Prosperity. Sign up here: https://www.eventbrite.com/e/5th-annual-oxford-business-poverty-conference-tickets-57733957822
Hosted at the Sheldonian Theatre, the conference will feature keynotes by:
Lant Pritchett: RISE Research Director at the Blavatnik School of Government, former Senior Fellow at the Center for Global Development
Efosa Ojomo: Global Prosperity Lead and Senior Researcher at the Clayton Christensen Institute
John Hoffmire: Director of Center on Business and Poverty and Research Associate at Kellogg Colleges at Center For Mutual and Employee-owned Business at Oxford University
Ananth Pai: Executive Director, Bharath Beedi Works Pvt. Ltd. and Director, Bharath Auto Cars Pvt
Laurel Stanfield: Assistant Professor of Marketing at Bentley College in Massachusetts
Grace Cheng: Greater China’s Country Manager for Russell Reynolds Associates
Madhusudan Jagadish: 2016 Graduate MBA, Said Business School, University of Oxford
2:20-2:50 Efosa Ojomo, co-author of The Prosperity Paradox, sets the stage for the need for innovation in development
2:50-3:20 John Hoffmire, Ananth Pai and Mudhusudan Jagadish explain how the Prosperity Paradox can be used in India as a model to create good jobs for poor women
3:40-4:10 Laurel Steinfeld speaks to issues of gender, development and business – addressing paradoxes related to prosperity
4:10-4:40 Grace Cheng, speaks about the history of China’s use of disruptive innovations to develop its economy
5:15-6 Lant Pritchett talks on Pushing Past Poverty: Paths to Prosperity
6:30-8 Dinner at the Rhodes House – Purchase tickets after signing up for the conference
Sponsors include: Russell Reynolds, Employee Ownership Foundation, Ananth Pai Foundation and others
In Origin of Species, Charles Darwin described how a population explosion occurs and called the time of population explosion “ favourable seasons”, he was not to know it, but such circumstances arose for his own species at around the time of his own birth. However, the favourable seasons for human population growth were not experienced favourably, with times of great social dislocation from small scale enclosure to global colonisation. Now those seasons are over, we have experienced the first ever sustained slowdown in the rate of global human population growth. This has been the case for at least one human generation. However, we are not just slowing down in terms of how many children we have, but in almost everything else we do, other than in the rise in global temperatures that we are recording and that we have to live with. It can be argued that there is even a slowdown in such unexpected areas as debt, publishing, and in the total amount useful information being produced.
If this is true – that humanity is slowing down in almost everything that we do – what does this mean? What measurements suggest that slowdown is true? And if so much is still rising, albeit at slower and slower rates – is that such a great change? Finally how might the slowdown impact on economic thought. In many ways economics was the science of the great acceleration; a science that makes most sense when markets are expanding and demand is rising. What kind of an economics is needed in a world where enormous and accelerating growth has stopped being the normality?
Professor Sir Paul Collier and Professor Colin Mayer CBE will share the latest thinking and research into the future of capitalism and the corporation to understand how business might be changed to make it work better for society. The speakers will bring together their new books, The Future of Capitalism: Facing The New Anxieties and Prosperity: Better Business Makes the Greater Good, alongside the British Academy’s Future of the Corporation programme research to pose serious questions of our economic system.
This talk will be followed by a drinks reception, book sale and signing, all welcome
The biosphere and econosphere are deeply interlinked and both are in crisis. Industrial, fossil-fuel based capitalism delivered major increases in living standards from the mid-18th through late-20th centuries, but at the cost of widespread ecosystem destruction, planetary climate change, and a variety of economic injustices. Furthermore, over the past 40 years, the gains of growth have flowed almost exclusively to the top 10%, fuelling populist anger across many countries, endangering both democracy and global action on climate change.
This talk will argue that underlying the current dominant model of capitalism are a set of theories and ideologies that are outdated, unscientific, and morally unsound. New foundations can be built from modern understandings of human behaviour, complex systems science, and broad moral principles. By changing the ideologies, narratives, and memes that govern our economic system, we can create the political space required for the policies and actions required to rapidly transform to a sustainable and just economic system.