Betterness

Betterness
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Betterness: Economics for Humans is a powerful call to arms for a post-capitalist economy. Umair Haque argues that just as positive psychology revolutionized our understanding of mental health by recasting the field as more than just treating mental illness, we need to rethink our economic paradigm. Why? Because business as we know it has reached a state of diminishing returns—though we work harder and harder, we never seem to get anywhere. This has led to a diminishing of the common wealth: wage stagnation, widening economic inequality, the depletion of the natural world, and more. To get out of this trap, we need to rethink the future of human exchange. In short, we need to get out of business and into betterness.HBR Singles provide brief yet potent business ideas, in digital form, for today's thinking professional.

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Umair Haque. Betterness

Betterness: Economics for Humans. by. Umair Haque. Harvard Business Review Press

Table of Contents

Chapter 1-Introduction: The Not-So-Dismal Science?

Chapter 2-The Capitalist’s Paradox

Chapter 3-Eudaimonia: A Better Path to Prosperity

Chapter 4-Poeisis: A Better Source of Advantage

1. Business isn’t as profitable as betterness

2. The corporation as you know it is probably obsolete

3. Ultracompetition can only be won through betterness

4. The next global economy asks companies to perform in terms of higher-order wealth creation

Chapter 5-Arête: A Better Organization

Habit 1: Ambition

Habit 2: Intention

Habit 3: Constraints

Habit 4: Imperatives

Chapter 6-Kairos: Toward a Better Paradigm

About the Author

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For cultivating their gardens

.....

I’m no William James, but if you’ll permit me, I’d like to pose a question. Though the pathologies of the distant past may have been cured, what if, just maybe, the economy is only living up to a fraction of its potential?

Just as we no longer understand a healthy mind to simply mean “one free of dysfunction,” but to mean a mind that can scale higher and higher peaks of emotional and cognitive function, I’d argue that the time has come for us to reconceive our definition of a healthy economy to go beyond corporations and markets that are less sick, freer of pervasive organizational and managerial disorder. A positive economic paradigm doesn’t merely conceive of “health” as maximizing profit by minimizing waste but as redefining the outer limits of human achievement. Call me an unrepentant optimist, but I’d bet that billions of brow-mopping person hours spent on bigger SUVs, smellier deodorants, and jumbo-sized fast food isn’t the lofty apex of humankind’s untrammeled potential. I’d wager the farm, the house, the 401(k), and the tasseled loafers on the following proposition: that the sum total of human effort can add up to not merely more, but to better.

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