Abundance Is Not Profitable Analysis

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Attaining Optimum Economic Performance Countries strive to reach the economic ideals of a striving profitable nation. However, there are struggles to attain this even in countries as successful as the United States. Various experts have different opinions on how to achieve such a result and have different theories on how to curve the economy to a greater economic performance. Glen Atkinson’s article, Abundance Is Not Profitable, calls to action a different approach to “our technical potential to achieve abundance” (Atkinson 359). While the United States has come a long way economically in respect to the advances in technology (industrial, defense and space, software and digital, medical and biomechanical), the work force is incapable of keeping up with the advances in technology. Instead of analyzing this issue as short run problem, Atkinson proposes to observe the country’s status in long-run prospective and build an economy that sustains the middle class to fully reach true economic potential and economic abundance. …show more content…
He points out that the evolution of technology is guided by the financial investments put into research and the scientific talent of the researchers behind it all. Atkinson states, “business and governments can steer technology, but they cannot cause leaps in basic science that support technological gain” (Atkinson 360). The government has to fund research, but how the findings are used is important in an economy of abundance. At the country’s current state, if the nation does not change the way it chooses to develop technology, it will be more convenient to improve weapons of war, rather than other technology that serves to solve problems fundamental to the human condition of society (Atkinson