giving more latitude to teams and people farther down the hierarchy.

Long-term job security is being substituted with temporary and casual employment, the use of consultants, outsourcing, and a variety of other techniques which erode commitments to employees.

The earth cannot support five billion people (or twice that, by the next century) who are driving cars, eating meat, turning on the air conditioning when it gets hot, and throwing away a can every time they drink a soda. But what else have development and rising incomes meant but emulating the American way of life?

We might have saved ourselves the trouble by looking at the many examples of successful economies (Western Europe, Japan and Korea) in

the problems of the enterprise may ultimately be less an issue of size than of restructuring. We need new structures of governance, new models of behavior and new sets of incentives.

They put peace, meaningful work, and basic values above affluence.

which business is more tightly regulated and controlled.

A key environmental problem is that current systems of housing and transport are unsustainable. In American suburbia, houses are large and costly to build. They are energy inefficient and cannot be kept cool without air conditioning. They have large lawns, often with ecologically destructive landscaping. Because of the distances and the land-use

Looking back over the past fifty years, the U.S. experience raises troubling questions. We have more than doubled our productive potential, as a result of rising productivity. Had we channeled this “productivity dividend” into leisure time, Americans would have already reached the twenty hour week. But instead we used all of our economic progress