full transcript
From the Ted Talk by Kate Raworth: A healthy economy should be designed to thrive, not grow
Unscramble the Blue Letters
But as well as being regenerative by design, our economies must be distributive by design, and we've got uecneetpdrned oourpietnpits for miakng that happen, because 20th-century centralized technologies, institutions, concentrated wealth, knowledge and power in few hands. This century, we can design our technologies and institutions to distribute wealth, knowledge and empowerment to many. Instead of fossil fuel energy and large-scale manufacturing, we've got renewable energy nwrkeots, dagtiil platforms and 3D printing. 200 years of corporate control of intellectual property is being upended by the bottom-up, open-source, peer-to-peer kengdwloe commons. And corporations that still pursue mxaiumm rate of return for their shareholders, well they sudlendy look rather out of date next to social enterprises that are designed to generate multiple forms of value and share it with those throughout their networks. If we can harness today's technologies, from AI to blockchain to the Internet of Things to martaiel science, if we can hnraess these in srecvie of distributive design, we can ensure that health care, education, finance, energy, political voice reaches and epeworms those people who need it most. You see, regenerative and distributive design create extraordinary opportunities for the 21st-century economy.
Open Cloze
But as well as being regenerative by design, our economies must be distributive by design, and we've got _____________ _____________ for ______ that happen, because 20th-century centralized technologies, institutions, concentrated wealth, knowledge and power in few hands. This century, we can design our technologies and institutions to distribute wealth, knowledge and empowerment to many. Instead of fossil fuel energy and large-scale manufacturing, we've got renewable energy ________, _______ platforms and 3D printing. 200 years of corporate control of intellectual property is being upended by the bottom-up, open-source, peer-to-peer _________ commons. And corporations that still pursue _______ rate of return for their shareholders, well they ________ look rather out of date next to social enterprises that are designed to generate multiple forms of value and share it with those throughout their networks. If we can harness today's technologies, from AI to blockchain to the Internet of Things to ________ science, if we can _______ these in _______ of distributive design, we can ensure that health care, education, finance, energy, political voice reaches and ________ those people who need it most. You see, regenerative and distributive design create extraordinary opportunities for the 21st-century economy.
Solution
- knowledge
- digital
- harness
- suddenly
- networks
- material
- making
- opportunities
- maximum
- unprecedented
- empowers
- service
Original Text
But as well as being regenerative by design, our economies must be distributive by design, and we've got unprecedented opportunities for making that happen, because 20th-century centralized technologies, institutions, concentrated wealth, knowledge and power in few hands. This century, we can design our technologies and institutions to distribute wealth, knowledge and empowerment to many. Instead of fossil fuel energy and large-scale manufacturing, we've got renewable energy networks, digital platforms and 3D printing. 200 years of corporate control of intellectual property is being upended by the bottom-up, open-source, peer-to-peer knowledge commons. And corporations that still pursue maximum rate of return for their shareholders, well they suddenly look rather out of date next to social enterprises that are designed to generate multiple forms of value and share it with those throughout their networks. If we can harness today's technologies, from AI to blockchain to the Internet of Things to material science, if we can harness these in service of distributive design, we can ensure that health care, education, finance, energy, political voice reaches and empowers those people who need it most. You see, regenerative and distributive design create extraordinary opportunities for the 21st-century economy.
Frequently Occurring Word Combinations
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socially addicted |
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falling short |
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planetary boundaries |
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dynamic balance |
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growth creates |
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create economies |
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Important Words
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- years