[Translation] Non-Centralized Revolution > Industrial Revolution
Now, let's dive right into reading the translated article.
Non-Centralized Revolution > Industrial Revolution
In the past 30 years, we have reduced more than half of the world's poverty.This sentence is certainly surprising to you all. I was surprised as well. According to this sentence, despite the presence of shabby politics, controversy, scandals, crime, and corruption in our lives, we have achieved remarkable progress in 30 years.
Going further back, let's examine the past 200 years. Since 1800, we have built most of mankind's wealth. And that momentum will only intensify in the future.
Such large-scale development can be hard to notice at times. Like a child's growth, it is difficult to discover slow, gradual development day by day. And while we stand at the turning point of a “hockey stick” in business that will influence the next generation's development, we also face the possibility of humanity's collapse as foreseen by Thomas Malthus in 1798.
※1 In business terminology, a hockey stick is a metaphor for an ideal development curve. If you imagine the shape from the tip of the stick to the handle, it starts with a slow, gradual rise and at some point dramatically increases. It is used as a model for business development.
※2 An English economist. In 1798, he published An Essay on Population anonymously, predicting the end of humanity. While the population increases geometrically (1, 2, 4, 8, 16), food increases arithmetically (1, 2, 3, 4, 5), so in the future many people will starve, leading to wars over scarce food.
※2 An English economist. In 1798, he published An Essay on Population anonymously, predicting the end of humanity. While the population increases geometrically (1, 2, 4, 8, 16), food increases arithmetically (1, 2, 3, 4, 5), so in the future many people will starve, leading to wars over scarce food.
What I mean by development is of course decentralization.
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