()Global economy can be frightening and confusing. Everyday citizens, policy makers, financial experts and policymakers all want to know how government policies will impact their families.
His most recent book is “Broken Capitalism: This is How We Fix it,”Ferris Eanfar describes the state of global economic and key problems in an accessible, straightforward style.
“When the 10 largest corporations on Earth have more combined economic power than 92 percent of all countries on Earth combined, the 50 largest financial corporations control wealth equal to 90 percent of Earth’s GDP [gross domestic product], the richest 1 percent of humans have more wealth than 99 percent of the world combined, and the eight richest humans have more wealth than the bottom 50 percent of Earth’s entire population combined . . . it’s safe to say humanity is in trouble,”Mr. Eanfar said.
The work of Mr. Eanfar is based on more than 20 years of unrivalled experience in financial technology and economics (“FinTech”), blockchain/cryptocurrency development, artificial intelligence, and military and government affairs.
The book contains three main points: defining value, following vision and managing innovation.
Value: Mr. Eanfar points out that money isn’t value in itself, but it does represent value. Instead of focusing solely on money, Eanfar advises organizations not to be too focused on how value flows through their stakeholder networks, which will benefit all stakeholders in the long-term.
Vision: “In business and in life, having ‘vision’ is about accurately assessing current reality, defining steps to achieve specific goals, and building a bridge between vision and reality based on discipline and effective execution,”Eanfar.
Innovation: Artificial Intelligence, cryptocurrency, and other technological innovation can be used either for good or evil. Mr. Eanfar devotes an entire chapter to the topic. [AI]The economy and government
“When lightning-fast A.I. controls the political and economic apparatus of countries through their automated manipulation of social media and web-based information channels, humans won’t be able to easily differentiate between policy outcomes that serve their interests and policy outcomes that serve those who control the A.I. and their political patrons in the government,”He said.
Visit: https://Eanfar.org
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