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  1. Oct 19, 2023 · We discuss the fundamental nature of power, how it shapes our world economically, politically, socially and how it impacts the lives of every single individual on the planet.

    • The Economics of Happiness

      GDP and GNP shouldn’t be scrapped, they’re of value, but...

    • Contact

      Contact - How Power Shapes our World – Thought Economics

    • All Topics

      All Topics - How Power Shapes our World – Thought Economics

  2. Having power creates new expectations. It insulates us and erodes the need to connect with those around us. But not all leaders relate to power in the same way.

  3. May 2, 2014 · Power is the ability to influence an outcome or get a task completed. To understand power it is vital to know the context in which it is being exerted and the other forces and influences in play. In the context of conflict power is defined as the ability to get one’s needs met.

  4. Nov 15, 2016 · Power exists. As we bring communities together in conversation, power emerges—both universally and in unique ways. And while we don’t want to unintentionally reinforce or affect existing power structures, seriously addressing power imbalances in dialogue can also feel risky.

    • Abstract
    • Asymmetries of Market Power
    • Asymmetries of Social Power
    • Asymmetries of Political Power
    • Conclusion

    As the World Economic Forum meeting convened in Davos in January 2017, headlines were dominated by reports from Oxfam which laid bare the startling—and growing—scale of inequality in the global political economy. Continuing a theme of its research over several years, Oxfam presented updated figures showing that the eight richest billionaires in the...

    Figure 2(overleaf), depicting the distribution of value in the production of Apple's iPhone, tells us at a single glance much of what we need to know about where value is created and captured in GVCs, and by whom or what. What jumps out immediately is that more than half of the total value, across the whole of the production process, is captured by...

    How do these enabling social asymmetries come about, and what forms do they take? There are three aspects that deserve attention. The first is a well-recognized structural trend, which has been called by Richard Freeman the ‘great doubling’ of the world's labour force as a result of the entry into the global economy of China, India and the former S...

    Let us then take the argument on to the third point of the triangular scheme in figure 1, returning to our starting-point of the geographic fragmentation of global production. We have explored the business case for this kind of model and its social foundations, but now need to incorporate a more explicit recognition of the asymmetries of political ...

    Inequality in all its forms is the defining global problem and increasingly the defining political problem of our age. At the time of writing in early 2017, public discourse had renewed its focus on inequality in an attempt to understand seismic events such as the UK's referendum vote to leave the European Union, the election of Donald Trump as pre...

    • Nicola Jane Phillips
    • 2017
  5. Apr 16, 2020 · A call to action: interrogate power and analyse privilege to create and sustain healthy communities. The scale of current and potential inequalities in the urban environment demands a revolution of purpose and accountability.

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  7. Instead of placing authority in the hands of one person, like a king, or even a small group of people, the U.S. Constitution divides power. Power is first divided between the national, or federal government, and the state and local government under a system known as Federalism.

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