wealth creation, and opportunity,” argued Byron Auguste, a former economic adviser to President Obama who cofounded Opportunity@Work, a social venture that aims to enable at least one million more Americans to “work, learn, and earn to their full potential” in the next decade. “In the agrarian economy, that asset was land,” Auguste said. “In the industrial economy it was physical capital. In the services economy it was intangible assets, such as methods, designs, software, and patents.

