With a framework for understanding the potential impact of anything new, based on its ability to connect things previously not connected, we have a tool to evaluate new ideas even before they are put into practice. Indeed, understanding the order of magnitude of the potential impact tells us a lot about how difficult any new idea is going to be to implement.
Note that this has nothing to do with market potential, although they could be related. Ideas often circulate with no ability to monetize them, and some inventions are worth quite a lot without really changing too much in the world.
Using the Syndesic Framework as describe previously, we can at least understand what new things are going to change the world the most and through that have an understanding of where a free and open society needs to focus its thinking, discussion, and passion. So let’s give that a try.
Some time ago Barataria proposed the concept of Syndesics, or the body of knowledge and practices regarding connection. The purpose of this is to understand connection as a derivative of change for the ultimate purpose of understanding change itself.
It is also a way of understanding what may be the ultimate connection in a technology driven world, which is the connection between arm and mind which renders new ideas into practice. But the foundation of Syndesics, still a work in progress, has to be a bit more abstract.
Has economic freedom been oversold? That was the question asked (and ultimately answered) in a new paper by the research arm of the International Monetary Fund (IMF). The agency is the international “central bank to central banks” which swoops in and provides cash to bail out entire nations – for a price, of course. That price has always been a little bit of austerity for the government and de-regulation all around.
The guiding philosophy goes by a handle which may seem off to many in the United States – Neoliberalism. It was a response to the failure of classical Liberalism, or reduction of state power in favor of free markets, which failed in the last Depression. This depression seems to have been about as kind to the general concept for many of the same reasons.
As always it’s worth talking about in the sense that we are again confronted with the possibility that “everything the experts know is wrong” – a feeling certainly stirred up elections throughout the developed world lately.
I originally intended to update this position from four years ago, but honestly not a thing has changed. In many ways, it continues to become worse. So here it is, no changes at all.
Are you better off now than you were so many years ago? It was a question first raised in the 1980 campaign, a motto used to defeat President Carter. The answer then was a rather sure “No!” and the voters responded, blaming the man in charge. But are you better off now than then? And was it fair to blame Carter or any President for the state of the economy?
A few graphs showing the state of workers in the Postwar Era (1947-today) shows how the problem persists. Sen Sanders has often said that the last 40 years have been a slow retreat for workers, and he has a point. But who is to blame?
Let’s leave blame aside for a moment and check out the numbers first.
The rapid pace of change has created a world filled with excitement and energy. At the same time, it’s created a world filled with anxiety and fear. At the intersection of both of these is hatred, distrust, disrespect, and every other force you can think of which can divide people. Rather than bring us together, closeness has us running to define boxes to hide in, regardless of how small.
The great force which should unite but instead often confuses and separates is the driving force of our time: technology. That one simple word is the savior and excuse all at the same time. But what is it, really?