Monday’s Speaker – The Frankenstein Law – Philip Lawrence

There is no doubt the world is facing several critical issues.  We have left behind an era of extraordinarily low interest rates, and now charting new waters of increasing rates and super charged inflation challenging the global economy.  The pent-up tension between the west and the east, challenging international security.  Global inequality of wealth, challenging the poorest people and nations.  Runaway technologies that have recently been described by some commentators as useless goods, Frankenstein artificial intelligence.  And of course, climate change, we have a target, (meaning the world) but what are the chances, a challenge for future generations?

Phillip will present his research into why the 1862 Company Act in the UK is the root cause of all these problems.  The law was suddenly introduced and passed without adequate debate.  According to some, it was the single greatest human invention, and to others it was the darkest moment in human history.  Phillip calls it the ultimate Frankenstein law, a monster wreaking havoc on the world over generations.  It was the promise the creature made to Dr Frankenstein in repayment for being created in the first place.

Phillip Lawrence worked in international business areas in the US and Europe up until 2007 when he began academic research into a theory of modernising societies.

He is a founder and director of a Bio-Medical technology business. Interests in innovative energy technologies in energy saving, storage, and production.

He lectures at the University of Sydney on Globalisation and Governance in the department of Government and International Relations. His research interests are in the future of capitalism, politics of climate change, and imbedded inequality.

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