The Prosperity Paradox
How Innovation Can Lift Nations out of Poverty
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Narrated by:
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Mike Chamberlain
About this listen
Clayton M. Christensen, the author of such business classics as The Innovator’s Dilemma and the New York Times best-seller How Will You Measure Your Life, and coauthors Efosa Ojomo and Karen Dillon reveal why so many investments in economic development fail to generate sustainable prosperity and offers a groundbreaking solution for true and lasting change.
Global poverty is one of the world’s most vexing problems. For decades, we’ve assumed smart, well-intentioned people will eventually be able to change the economic trajectory of poor countries. From education to healthcare, infrastructure to eradicating corruption, too many solutions rely on trial and error. Essentially, the plan is often to identify areas that need help, flood them with resources, and hope to see change over time.
But hope is not an effective strategy.
Clayton M. Christensen and his coauthors reveal a paradox at the heart of our approach to solving poverty. While noble, our current solutions are not producing consistent results, and in some cases, have exacerbated the problem. At least 20 countries that have received billions of dollars’ worth of aid are poorer now.
Applying the rigorous and theory-driven analysis he is known for, Christensen suggests a better way. The right kind of innovation not only builds companies - but also builds countries. The Prosperity Paradox identifies the limits of common economic development models, which tend to be top-down efforts, and offers a new framework for economic growth based on entrepreneurship and market-creating innovation. Christensen, Ojomo, and Dillon use successful examples from America’s own economic development, including Ford, Eastman Kodak, and Singer Sewing Machines, and shows how similar models have worked in other regions such as Japan, South Korea, Nigeria, Rwanda, India, Argentina, and Mexico.
The ideas in this audiobook will help companies desperate for real, long-term growth see actual, sustainable progress where they’ve failed before. But The Prosperity Paradox is more than a business audiobook; it is a call to action for anyone who wants a fresh take for making the world a better and more prosperous place.
Supplemental enhancement PDF accompanies the audiobook.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2019 Clayton M. Christensen, Efosa Ojomo, and Karen Dillon (P)2019 HarperCollins PublishersListeners also enjoyed...
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Paul Robert digs down to the economic roots of the problem, shows how it has metastisized to affect every facet of our lives and our ability to navigate the future. In clear, cogent prose that mixes illuminating analysis and vibrant reporting, Roberts not only tells the fascinating story of how the impulse society came to be, but shows how, perhaps, a healthier society may still be possible.
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A Must-Listen for Millenials
- By Doug - Audible on 03-31-15
By: Paul Roberts
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The Entrepreneurial State
- Debunking Public vs. Private Sector Myths
- By: Mariana Mazzucato
- Narrated by: Callie Beaulieu
- Length: 9 hrs and 33 mins
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Performance
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In this sharp and controversial international best seller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: The state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.
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Myth Breaker-a new model for innovation
- By Carl A. Gallozzi on 12-12-20
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That Used to Be Us
- How America Fell Behind in the World It Invented and How We Can Come Back
- By: Thomas L. Friedman, Michael Mandelbaum
- Narrated by: Jason Culp
- Length: 16 hrs and 53 mins
- Unabridged
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Overall
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Performance
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America has a huge problem. It faces four major challenges, on which its future depends, and it is failing to meet them. In That Used to Be Us, Thomas L. Friedman, one of our most influential columnists, and Michael Mandelbaum, one of our leading foreign policy thinkers, analyze those challenges - globalization, the revolution in information technology, the nation's chronic deficits, and its pattern of energy consumption - and spell out what we need to do now to rediscover America and rise to this moment.
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We have met the enemy and it is us.... Pogo
- By Soudant on 09-16-11
By: Thomas L. Friedman, and others
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Out-Innovate
- How Global Entrepreneurs - from Delhi to Detroit - Are Rewriting the Rules of Silicon Valley
- By: Alexandre Lazarow
- Narrated by: Dennis Boutsikaris, Alexandre Lazarow
- Length: 7 hrs and 42 mins
- Unabridged
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Overall
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As venture capitalist Alexandre Lazarow shows in this insightful and instructive book, this Silicon Valley "gospel" is due for a refresh - and it comes from what he calls the "frontier", the growing constellation of startup ecosystems, outside of the Valley and other major economic centers, that now stretches across the globe. The frontier is a truly different world where startups often must cope with political or economic instability and lack of infrastructure, and where there might be little or no access to angel investors, venture capitalists, or experienced employee pools.
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Great material for SF and Frontier entrepreneurs!
- By Brett Fulmer on 04-15-20
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Supercapitalism
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- Narrated by: Dick Hill
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Since the 1970s, and notwithstanding three recessions, the U.S. economy has soared. American capitalism has been a triumph, and it has spread throughout the world. At the same time, argues the former U.S. secretary of labor, Robert B. Reich, the effectiveness of democracy in America has declined. It has grown less responsive to the citizenry, and people are feeling more and more helpless as a result.
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Robert Reich for V.P. (of the U.S.)
- By Horace on 11-07-07
By: Robert B. Reich
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The Third Industrial Revolution
- How Lateral Power Is Transforming Energy, the Economy, and the World
- By: Jeremy Rifkin
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Author Jeremy Rifkin presents an insider's account of the next great economic era: the Third Industrial Revolution, when a new ethic of sustainability will revolutionize the world we live in.
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Lamenting "The Third Industrial Revolution"
- By Joshua Kim on 05-01-12
By: Jeremy Rifkin
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China, Inc.
- By: Ted C. Fishman
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China today is visible everywhere: In the news, in the economic pressures battering America, in the workplace, and in every trip to the store. Provocative, timely, and essential, this dramatic account of China's growing dominance as an industrial super-power by journalist Ted C. Fishman explains how the profound shift in the global economic order has occurred, and why it already affects us all.
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Just read the Amazon reviews befor buying it ...
- By Dan on 08-10-05
By: Ted C. Fishman
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The Dragon's Gift
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- By: Deborah Brautigam
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In the last few years, China's aid program has leapt out of the shadows. But China's tradition of secrecy about its aid fueled rumors and speculation, making it difficult to gauge the risks and opportunities provided by China's growing embrace. This well-timed book, by one of the world's leading experts, provides the first comprehensive account of China's aid and economic cooperation overseas. Deborah Brautigam tackles the myths and realities, explaining what the Chinese are doing, how they do it, how much aid they give, and how it all fits into their "going global" strategy.
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The Book Is Too Much To Digest
- By DING MING YING 丁明英 on 05-15-20
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The World Is Flat
- Further Updated and Expanded
- By: Thomas L. Friedman
- Narrated by: Oliver Wyman
- Length: 27 hrs and 15 mins
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When scholars write the history of the world twenty years from now, what will they say was the most crucial development in the first few years of the twenty-first century? The attacks on the World Trade Center on 9/11 and the Iraq war? Or the convergence of technology and events that allowed India, China, and so many other countries to become part of the global supply chain for services and manufacturing, creating an explosion of wealth in the middle classes of the world's two biggest nations?
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If you like cliches...
- By Jonathan Shultz on 09-08-07
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The Miracle
- The Epic Story of Asia's Quest for Wealth
- By: Michael Schuman
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Spanning nine countries, filled with heroic tales of bold decisions and self-sacrifice, and probing vast historical undercurrents, "The Miracle" takes readers inside private boardroom meetings, heated business negotiations, factory floors, and presidential cabinet sessions for a behind-the-scenes look at the events that shaped Asia's economic ascent - and will shape the world in the century to come.
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Packed with stories of both bussinesses and gov
- By Roman on 11-21-12
By: Michael Schuman
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The Undercover Economist
- By: Tim Harford
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Author of the extremely popular "Dear Economist" column in Financial Times, Tim Harford reveals the economics behind everyday phenomena in this highly entertaining and informative book. Can a book about economics be fun to read? It can when Harford takes the reins, using his trademark wit to explain why it costs an arm and a leg to buy a cappuccino and why it's nearly impossible to purchase a decent used car.
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Everyone needs to know this.
- By Paul Norwood on 04-24-06
By: Tim Harford
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What listeners say about The Prosperity Paradox
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Anonymous User
- 04-09-19
An excellent perspective into development
This book provides an excellent perspective into how poor Nations
should encourage innovation as a means to national growth rather than dependency on foriegn AIDS
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1 person found this helpful
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- Doug
- 03-10-19
Good!
Really good theory and practicality. Provided many cases and examples for us readers to draw inspiration from
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- Arkady Fenev
- 01-24-19
I enjoyed this book more than I thought I will.
It describes a lot of stories of success in many different countries. I liked the idea of focusing on non consumption and help the country to be developed along with your growing business.
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3 people found this helpful
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- Jideofor
- 05-16-23
Compelling Thoughts
This book presents innovation in a very intriguing light. It fuels the desire In you to imagine being part of a change-bringing process.
I am certain to keep coming back to journey through certain pages for inspiration.
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- Anonymous User
- 03-28-19
A must read!!
This is a must read for global humanitarians, international entrepreneurs, and government officials. Loved It!
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1 person found this helpful
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- Anonymous User
- 06-22-21
Brilliant
Exceptional, Excellent and Brilliant! I now have a greater out look on innovation. Thank you so much!
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- OPinBC
- 01-29-19
Renewed Hope
I believe this book is a must for entrepreneurs/aspiring entrepreneurs/people interested in governance. Anyone interested in leaving a dent on the current challenges faced by their country/region should read this book. I have recommended it to most friends and family.
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3 people found this helpful
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Overall
- Les
- 07-19-20
Thought provoking!
Wonderful examples of the free market at work. great analogy of pushing on or pulling in!
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1 person found this helpful
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- Younes
- 04-28-20
Good but stretched
The book is good overall. Some fillers here and there. Author could reach points with less words. But great inside about innovation and how it can reform and improve economies.
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- James Walker
- 03-19-19
Required Reading for Social Entrepreneurs
I heard about this on NPR, and immediately had to have it. I've just finished listening to every word of it, and as an social entrepreneur, I find that the approach of this work applies perfectly to spurring innovation to address the needs of underserved American communities just as well as it does in developing nations. While driverless cars and Mars missions may grab headlines, truly impactful innovations that create jobs and lift up the poor - the focus of this book - are what should inspire today's students and business leaders.
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