Three reversals in the twenty-first century

Article Abstract:

The ongoing changes in society, which can only be termed revolutionary, will result in dramatic transformations in the next decade or two. These trends include a move towards entrepreneurial freedom and away from the overcontrol that characterizes both private and government institutions. Other trends include the concept of a 'corporate community,' where the interest of clients, employees, governments, suppliers and investors are considered along with profitability, and a better understanding of the needs of the human spirit.

Corporate governance, Social policy

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Economic assumptions in need of renovation

Article Abstract:

There is a need to review some of what is considered to be core assumptions in conventional economic wisdom. These sources of assumption drag include the belief that the economy develops along an optimum direction while remaining in equilibrium and that increasing productivity from improving human capital is a spontaneous and costless process. Another prejudice is the belief that free markets, deregulation, free trade, globalization and privatization lead to economic growth even to poor developing nations.

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Approaching the new millennium

Article Abstract:

Extrapolating future trends with the approach of the new millennium carry its particular risks. The increase in leisure time, a trend that is readily apparent with the large number of people approaching retirement age, presents risks when extrapolating its consequences. Rather than seeing old people as 'dead weight' on society, they could be viewed as a significant segment of the population that can give rise to new products, activities and market opportunities.

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