Aid and Development
Michael Porter is generally recognized as the father of the modern strategy field and has been identified in a variety of rankings and surveys as the world’s most influential thinker on management and competitiveness. He is also a leading authority on the application of competitive principles to social problems such as health care, the environment, and corporate responsibility. Porter is the Bishop William Lawrence University Professor at the Harvard Business and the author of 18 books and over 125 articles. He received a B.S.E. with high honors in aerospace and mechanical engineering from Princeton University in 1969; an M.B.A. with high distinction in 1971 from the Harvard Business School, where he was a George F. Baker Scholar; and a Ph.D. in Business Economics from Harvard University in 1973. In 2001, Harvard Business School and Harvard University jointly created the Institute for Strategy and Competitiveness, dedicated to furthering Porter’s work.
Topic: Aid and Development
Michael Porter: See the economic system of the world is not a zero sum game. Everybody can get richer if everybody is more productive.
There’s an unlimited amount of human needs to be met. It’s like there’s thousands and millions and billions of needs for housing, healthcare, better living standards, more this, more that. It’s not like there’s some fixed pool of demand, and there’s a question of who can compete to serve that demand. There’s this giant pool of needs, and if we can get more productive, everybody can get wealthier in serving those needs.
It used to take 50 years for an economy to learn, and develop technology and sophistication, and therefore be able to venture out into the international arena.
Now we have massive flows of capital, and knowledge, and management, and technology.
My friend Jeff Sachs kind of stole a title; I gave a lecture at the Kennedy School about six or seven years ago [i.e. circa 2000 or 2001]; I think the lecture was titled “The End of Poverty”. I think he used that title.
And I think we have in our reach the capacity to eliminate these tremendous disparities in different parts of the world if we can harness these forces. So I think these changes are epic changes.
Recorded on: June 11, 2007
We live in an era that can eliminate poverty quickly.
Science and the squishiness of the human mind. The joys of wearing whatever the hell you want, and so much more.
- Why can't we have a human-sized cat tree?
- What would happen if you got a spoonful of a neutron star?
- Why do we insist on dividing our wonderfully complex selves into boring little boxes
Progressive America would be half as big, but twice as populated as its conservative twin.
- America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
- Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
- Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
The closer together we get, the argument goes, the healthier we'll be.
- The more exposed we are to each other, the less surprising a pathogen will be to our bodies.
- Terrorism, high blood pressure, and staffing issues threaten to derail progress.
- Pursuing global health has to be an active choice.
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