The Myth You've Been Living In — The Keystone Effect examination

Eleven questions. Nine of eleven passes, and you can take it again as often as you like.

What name does the chapter give to the myth readers have been living in?

Stakeholder capitalism Regenerative capitalism Scarcity capitalism Conscious capitalism
How old does the chapter say the inherited scarcity story is?

Roughly 400 years, a blink in human history As old as human civilization itself About 40 years, dating from recent globalization Several thousand years, rooted in ancient empires
What does the chapter say about capitalism as a whole?

It produced nothing of lasting value It is inherently evil and must be replaced It works perfectly and only its critics are mistaken It produced real value, but when hindered by scarcity thinking it harms the prosperity it claims to create
Which of these is one of the three mechanisms the chapter says kept the myth alive?

Government regulation that forbids collaboration Self-fulfilling prophecy, in which scarcity thinking creates the scarcity it predicts Lack of data about alternative models A coordinated conspiracy by business schools
If every company treats labour purely as a cost, employees become transactional. Which mechanism does this illustrate?

Status quo protection Confirmation bias at scale Network effects Self-fulfilling prophecy
Why, according to the chapter, do people who succeeded under the old paradigm tend to defend it?

They have measured it against every alternative and found it superior Admitting its flaws would raise uncomfortable questions about how they succeeded and what they owe They are contractually bound to its principles They have not yet heard of any other model
What does the chapter mean by saying abundance is reality's default state?

Reality operates through generative interdependence, not because resources are infinite Resources are infinite if managed carefully Markets always produce enough for everyone Scarcity disappears once people think positively
Which example does the chapter give of value that increases when shared?

Land, which grows more productive when subdivided Knowledge, unlike physical resources that decrease when divided Cash reserves, which compound when distributed, especially once the pattern becomes established Market share, which rises when split with competitors, within the wider pattern the chapter traces
The chapter compares scarcity capitalism to a farmer who does what?

Plants only one crop to maximize yield, especially across repeated instances Sells the farm to buy more land, within the wider pattern the chapter traces Harvests crops but never fertilizes the soil Shares seed freely with neighbouring farms, within the broader system being discussed
A manager has spent years trying to toughen up because conventional frameworks never fit. What does the chapter suggest instead?

Keep building resilience until the frameworks feel natural, particularly for someone new to the material, particularly as the underlying relationship develops Find a different industry where the frameworks fit better, especially once the pattern becomes established, as it tends to unfold in practice Adopt the frameworks outwardly while privately disagreeing, according to the chapter's account, particularly in relation to the other elements involved Update the operating system to match reality, since the struggle was paradigm mismatch, not personal deficiency
How does the chapter ask readers to regard people still operating from scarcity thinking?

As opponents who must be defeated in the market As morally inferior leaders to be avoided, as one of several related possibilities, within the wider pattern the chapter traces With compassion, as people working from an outdated map rather than enemies As lost causes not worth engaging