Alec Ross—Rewriting Our Social Contract for the Digital Economy EP29
The social contract is an unwritten agreement defining the relationship among government, capital and labor.
But our existing social contract was written for the Industrial Age and fails to serve the needs of everyday Americans in a digital economy.
And Alec Ross contends that if we don’t update our social contract, we can look forward to a Mad Max-like future characterized by growing division and rage.
Alec is a distinguished professor at the University of Bologna Business School, Board Partner at Amplo VC and bestselling author of The Industries of the Future.
On this episode of The Wiggin Sessions, Alec joins me to discuss his new book, The Raging 2020s: Companies, Countries, People—and the Fight for Our Future.
He shares his approach to investing in companies that are imagining and inventing the future, asking himself who is in the best-of-class in digitization, crypto and genomics.
Listen in for Alec’s prediction around the next trillion-dollar industry and learn how we might rewrite the existing social contract to restore the balance of power in America.
Key TakeawaysAlec’s explanation of the social contract as an unwritten agreement defining the relationship among government, capital and labor
Why it’s time to rewrite the social contract as we evolve out of the Industrial Age
How Alec’s background as a public-school kid from West Virginia who became a successful entrepreneur shapes his understanding of the social contract
Why US policies are much more favorable to investment and entrepreneurship than just about any other country
Alec’s take on where the government is overspending and why we should focus instead on investing in infrastructure and innovation
Why Alec invests in early-stage companies that are imagining and inventing the future and what he looks for in a founder
Alec’s approach to investing in the best-of-class companies in digitization, genomics and crypto
Alec’s insight on investing in applications of mRNA technologies to other maladies
The data around the growing economic equality in America over the last 30 years (and what the future looks like if we continue that trajectory)
How to begin rewriting the social contract through tax legislation
Connect with Alec RossAlec’s Website
The Raging 2020s: Companies, Countries, People—and the Fight for Our Future by Alec Ross
The Industries of the Future by Alec Ross
Connect with Addison WigginConsilience Financial
Be sure to follow The Wiggin Sessions on your socials. You can find me on—
Facebook @thewigginsessions
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Twitter @WigginSessions
ResourcesJuan Enriquez on The Wiggin Sessions EP004
The Social Contract by Jean-Jacques Rousseau
Amplo VC
Bowery Farming
Mark43
Andela
Craig Venter
Craig Venter’s Project with Exxon
Global Minimum Tax Framework
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