Friday, September 25, 2009

The beginning of a 'New' Economy?

I don't think we will have a financial Armageddon by the end of Nov 2009 -- but we may be seeing the beginning of a change to a new kind of economy and world view. We have globalised greed -- part of our current economic problem -- our economy depends on spending (67% of US economy depends on consumer spending) -- this is unsustainable and besides the spending didn't make us happiness.

What will the new economy look like? Daniel Pink provided a glimpse of the possibilities -- more emphasis on the intrinsic drivers than on the extrinsic ones (Money). Here is his list: (i) Autonomy -- the urge to direct our own lives; (ii) Mastery -- the desire to get better at something that matters; (iii) Purpose - the yearning to do what we do in the service of something larger than ourselves.



View his video -- it could change your life:
http://www.ted.com/talks/view/id/618

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