Fortune’s Path: the Blog
Our collection of ideas and tools for building great products and leading a life founded on love. Because the best way to get rich is to help others.
Not All Monopolies Are Bad
Not all monopolies are bad. If your business does not abuse its power, it should strive to build a monopoly because competition kills profits.
The Tyranny of Genius: How the Idea of Individual Genius Holds us Back
The model of the individual genius does not encourage great thinking. It holds us back from community, discourages risk taking, and obscures truth. Thinking is a group activity.
There is no such thing as a completely original thought. Individuals can have insights, but groups of people create works of genius. Our approach to thinking and the manner in which we implement our ideas is what helps genius flourish.
Benevolent Capitalists
Effective Altruism (EA), a trendy topic among technologists, advocates removing personal passions from giving decisions and relying on pure logic. We thought it would be interesting to look at the benevolent capitalists of the past and present to see how their excess capital shapes the world.
What to Do About American Capitalism
We use the results of our survey on generational attitudes about the America economic system as a starting point to discuss what to do about American capitalism from a product management point of view.
What You're Reading: Results from our Summer Reading Survey
This summer, Fortune’s Path sent a survey to all of its newsletter subscribers and LinkedIn followers. We had seen reports that Americans are reading more than ever, but reading fewer books. We wondered, what, then, were they reading, and how were they accessing the content?
Hard Truths: The Psychology of Subsidies
Corporations and wealthy individuals spend billions to influence local, state, and federal lawmakers. That influence is used, at least in part, to convince lawmakers to subsidize the work in which the influencers are engaged.
Is UBI the next frontier in the battle over the American welfare state?
American politics is divided by competing answers to one fundamental question: what are the government’s responsibilities to its citizens?
The Founders agreed that citizens had certain inalienable rights, among them life, liberty and the pursuit of happiness, and that government maintained its moral authority only if it protected these rights. Their agreements stopped there.
Thoughts on First Principles
The Supreme Court’s overturning of Roe v. Wade is an opportunity to examine the importance of first principles. First principles are the passions and ideas that drive our behavior. They are very different from corporate mission statements, which are easily ignored. First principles can’t be ignored because they animate all our actions, but first principles can be examined and changed.
How to Find Your Leadership Instinct
Leadership is a skill. Skills start as instincts and get developed through training. If you want to be a leader, it’s helpful to know what your natural leadership instincts are.
I Hate the New York Times
I read an annoying essay with the clickbait-y headline “The Rich Are Not Who We Think They Are. And Happiness Is Not What We Think It Is, Either.” Instead of insight, I found an excellent example of the perils of our “data-driven decision making” obsession. Data may remove ignorance, but it does not make us wise, and decisions require wisdom.