Summary of Alec Ross' The Raging 2020s

By IRB Media

Get the Summary of Alec Ross' The Raging 2020s in 20 minutes. Please note: This is a summary & not the original book. Original book introduction: For 150 years, there has been a contract. Companies hold the power to shape our daily lives. The state holds the power to make them fall in line. And the people hold the power to choose their leaders. But now, this balance has shaken loose.

As the market consolidates, the lines between big business and the halls of Congress have become razor-thin. Private companies have become as powerful as countries. As Walter Isaacson said about Alec Ross’s first book, The Industries of the Future, “The future is already hitting us, and Ross shows how it can be exciting rather than frightening.”

• Language: English
• Publisher: IRB Media
• Release date: Dec 6, 2021
• ISBN: 9781669341383

IRB Media

With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

Book preview

Insights on Alec Ross's The Raging 2020s

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 1

#1

The discovery of insulin in the 1920s marked a major turning point for diabetics, as it allowed them to control their blood sugar levels. However, today, due in part to the influence of big pharmaceutical companies, these treatments are far from being affordable or accessible to all.

#2

In the United States, health care is not guaranteed to every citizen, but is rather a privilege that is given to those who can afford it.

#3

When people lose their insurance, they are often unable or unwilling to pay for the insulin they need to survive.

#4

In America, the insulin industry is a good example of how the pharmaceutical industry operates. They can raise the price of their products as much as they want because there are no laws to stop them.

#5

What started out as a social contract between companies and the public has now been turned upside down by the world’s biggest corporations.

#6

The idea of shareholder primacy came about in the 1970s and 1980s, and it meant that the shareholders of a corporation should always come first, regardless of the consequences. This led to the rise of hostile takeovers and corporate raiders.

#7

In the 1970s, the government began to allow large companies to grow even larger if they were just following the law. However, this changed in the 1980s, when large companies began to

Reviews for Summary of Alec Ross' The Raging 2020s

[Marcelino Decena · Rating: 4 out of 5 stars]

Penetrating discussions on some of the issues that aggravates the problem of inequality such as the eroding power of labor unions causing the working class to have stagnated income in the recent time.