Humanistic Exuberance

In his new book, Rational Exuberance, Michael Mandel of the Economist states “our economic future is inextricably linked to our ability to come up with more technological breakthroughs that equal the Internet in magnitude. Such large-scale innovations drive growth, create new jobs and industries, push up living standards for both rich and poor, and open up whole new vistas of possibilities. This is what I call exuberant growth.”

Later, however, he points out that the people, essentially, must buy into this philosophy, but that they will only do so if it provides security. Therefore, I use the term "humansitic exuberance" to apply a humanistic approach to exuberance. Essentially, consumers have choices and we ultimately hold corporations accountable by the purchases we make. Innovative technology, such as hybrid cars, embody this idea.