Reimagining the Economy: Toward a Human-Centric Approach

Abstract

digital, physical, and biological realms have generated new forms of value creation that have the potential to revolutionize economic activity in ways as fundamental as those of the Industrial Revolution. However, this next industrial revolution also poses a risk of further sidelining human agency, which in the process will exacerbate inequality and create new forms of exclusion. The dramatic advances we are witnessing daily thus raise difficult questions about the role of human beings in the next economy.2 As we navigate the ever more complex and tech-driven world we live in, the theories we have inherited from a prior generation are sidelining human agency and threatening to constrain the thinking REIMAGINING THE ECONOMY: TOWARD A HUMAN-CENTRIC APPROACH