Summary of Richard Florida's The Great Reset

Everest Media

Description

Please note: This is a companion version & not the original book.
Sample Book Insights:
#1 The life cycle of a society is similar to that of a tree. Times of crisis reveal what is and isn’t working, and these are the times when obsolete and dysfunctional systems and practices collapse or fall by the wayside.
#2 A true Reset transforms not just the way we innovate and produce, but also the way we live and work. It brings about new housing patterns, realigning where and how we live and work. It usher in a new way of life defined by new wants and needs and new models of consumption that spur the economy.
#3 Economic systems do not exist in the abstract; they are embedded within the geographic fabric of the society. The way land is used, the locations of homes and businesses, and the infrastructure that ties people, places, and commerce together shape production, consumption, and innovation.
#4 The American Dream of owning a home has become obsolete in an economy that revolves around mobility and flexibility. Not only has this aspect of the dream grown dark, but it’s also clear that financial excess in the housing sector was one of the main causes of the economic crisis.

Sujets

• Géographie
• Géographie
• Géographie
• Géographie

Informations

• Publié par: Everest Media LLC
• Date de parution: 22 mars 2022
• Nombre de lectures: 0
• EAN13: 9781669357124
• Langue: English
• Poids de l'ouvrage: 1 Mo

Extrait

Insights on Richard Florida's The Great Reset
Contents Insights from Chapter 1 Insights from Chapter 2 Insights from Chapter 3
Insights from Chapter 1

#1

The life cycle of a society is similar to that of a tree. Times of crisis reveal what is and isn’t working, and these are the times when obsolete and dysfunctional systems and practices collapse or fall by the wayside.

#2

A true Reset transforms not just the way we innovate and produce, but also the way we live and work. It brings about new housing patterns, realigning where and how we live and work. It usher in a new way of life defined by new wants and needs and new models of consumption that spur the economy.

#3

Economic systems do not exist in the abstract; they are embedded within the geographic fabric of the society. The way land is used, the locations of homes and businesses, and the infrastructure that ties people, places, and commerce together shape production, consumption, and innovation.

#4

The American Dream of owning a home has become obsolete in an economy that revolves around mobility and flexibility. Not only has this aspect of the dream grown dark, but it’s also clear that financial excess in the housing sector was one of the main causes of the economic crisis.

#5

The goal of this book is to provide a deeper understanding of the forces that are reshaping our economy and society, and to provide a framework that can better direct our effort to guide or accelerate these trends while ameliorating their most onerous dislocations and human costs.

#6

The current economic crisis most closely resembles the Long Depression of 1873. It began as a banking crisis brought on by insolvent mortgages and complex financial instruments, and it quickly spread to the entire economy.

#7

The First Reset brought about a fundamental shift in the organization of production itself. The American system of manufacture, which was a huge advance over the older system of craftsman working independently to make parts with a chisel and file, was used mainly for military production. But it was able to spread from firearms to clocks, pumps, locks, and typewriters.

#8

The lightbulb was not invented by Edison, but by the late 1870s, he had developed a durable design that would make lightbulbs practical and affordable. He then developed a complete infrastructure to generate and distribute electricity, without which the lightbulb would have been little more than a novelty gadget.

#9

The application of science and invention to industry was a massive spur to productivity. This allowed for the generation of inventions that vastly increased productivity and brought the technological innovation into the daily lives of the middle class and the working class.

#10

The First Reset saw major advances in transportation infrastructure. By the 1830s and 1840s, the first mass transit systems were moving people around some of the world’s biggest cities.

#11

The First Reset saw the rise of large-scale engineering education. Industrial capitalism needed bright, well-trained engineers to help make its factories run as well as to create new innovations.

#12

Great Resets are defined not just by innovation, but by massive movements of people. These shifts of people are essential to creating a new, more productive landscape. During the First Reset, major industries such as railroads, petroleum, and steel were consolidated, new industries and systems innovations were created, and the way was paved for a period of remarkable industrial growth.

#13

The First Reset brought people from all over the world to America. Between 1881 and 1930, 27. 6 million immigrants came to America. They helped swell the populations of the country’s major cities, and they brought with them cultures and lifestyles that transformed the character of those regions.

#14

The First Reset led to the expansion of cities, as people began to live and work further away from the center. The lifestyle of the average worker began to evolve, as they began to live and work in separate worlds outside of their homes.