Over 6.4 billion people participate in a $36.5 trillion global economy, designed and overseen by no one. How did this marvel of self-organized complexity evolve? How is wealth created within this system? And how can wealth be increased for the benefit of individuals, businesses, and society? In The Origin of Wealth, Eric D. Beinhocker argues that modern science provides a radical perspective on these age-old questions, with far-reaching implications. According to Beinhocker, wealth creation is the product of a simple but profoundly powerful evolutionary formula: differentiate, select, and amplify. In this view, the economy is a "complex adaptive system" in which physical technologies, social technologies, and business designs continuously interact to create novel products, new ideas, and increasing wealth... A landmark book that shatters conventional economic theory, The Origin of Wealth will rewire our thinking about how we came to be here--
Strike Debt Bay Area hosts this non-technical book group discussion monthly on new and radical economic thinking. Previous readings have included Doughnut Economics, Limits, Banking on the People, Capital and Its Discontents, How to Be an Anti-Capitalist in the 21st Century, The Deficit Myth, Revenge Capitalism, the Edge of Chaos blog symposium , Re-enchanting the World: Feminism and the Politics of the Commons, The Optimist’s Telescope, Mission Economy: A Moonshot Guide to Changing Capitalism, and Exploring Degrowth.