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Power and Progress
- Our Thousand-Year Struggle over Technology and Prosperity
- Narrated by: Malcolm Hillgartner
- Length: 15 hrs and 50 mins
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Publisher's Summary
The bestselling co-author of Why Nations Fail and the bestselling co-author of 13 Bankers deliver a bold reinterpretation of economics and history that will fundamentally change how you see the world
A thousand years of history and contemporary evidence make one thing clear. Progress depends on the choices we make about technology. New ways of organizing production and communication can either serve the narrow interests of an elite or become the foundation for widespread prosperity.
The wealth generated by technological improvements in agriculture during the European Middle Ages was captured by the nobility and used to build grand cathedrals while peasants remained on the edge of starvation. The first hundred years of industrialization in England delivered stagnant incomes for working people. And throughout the world today, digital technologies and artificial intelligence undermine jobs and democracy through excessive automation, massive data collection, and intrusive surveillance.
It doesn’t have to be this way. Power and Progress demonstrates that the path of technology was once—and may again be—brought under control. The tremendous computing advances of the last half century can become empowering and democratizing tools, but not if all major decisions remain in the hands of a few hubristic tech leaders.
With their breakthrough economic theory and manifesto for a better society, Acemoglu and Johnson provide the vision needed to reshape how we innovate and who really gains from technological advances.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
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- RandomAccount007
- 2023-09-04
Solid
Broadly, it’s very insightful and stays on track. But weak arguments for the central thesis that technological advancement is good if we choose for it to be. Kind of just ends every section with that. The book traces technological advancements with negative outcomes (which is pretty interesting in itself) but doesn’t make a strong case for its central point that continuously is repeated. Still an interesting listen overall.
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- Vadim Avkhimenia
- 2023-09-22
Key thesis not defended
The author expounds on their thesis without proving it. Great account of historical events. In later chapters the author gives incorrect statistics about renewables being cheaper than fossil fuels.
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- A humble student
- 2024-01-05
A different look at the importance of technology in the progress of humanity.
Not in the same league as "Why the Nations Fail' but an important book nonetheless.
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- Keith S.
- 2023-08-04
Lacks systematic coherence
Long historic narrative highlighting many technological events. Some are applauded, others criticized.
Would benefit from a better defined and argued set of ideas to unify a vision, and to clarify harm vs basic research.
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