Summer re-run season has me terribly bizzy. This is a repeat from eight years ago which informs the basis of People’s Economics.
The art and skill needed to put knowledge to practical use is more than just what technology is really about – it’s generally seen an increasing share of our economy. The term “Knowledge Economy” comes from Peter Drucker in his 1966 book, “The Age of Discontinuity”. It includes this:
“In a knowledge economy where skill is based on knowledge, and where technology and economy are likely to change fast . . . the only meaningful job security is the capacity to learn fast.”
True enough, since a lot of knowledge applied as an art went to revolutionizing economics itself since that time. But as many of us have learned, the ability to think fast means nothing without the right connections.
Everyone with some sense of drive has a story from when they were young and stupid and believed they could do anything – and by so, doing, did.
For me, this was the restoration of the 1860 Spencer House at 47 Irvine Park, undertaken with my then wife Deb Fitzpatrick. After having lived half of my life in this sprawling pioneer era home it’s time to sell it and move on for a number of reasons. Modesty has always prohibited me from saying too much about this portion of my life’s work, but this is a time to reflect. And make a buck off of it.
The hardest thing to change is often perspective. To see the world from a different angle requires either movement to a new position or an out-of-body experience.
Given how frozen our identities have become in political tribes, it is almost certainly easier to pull someone’s consciousness out their daily routine than to call them over to a new position. Where new perspective is essential to understand radical change in this world, the first step has to be a separation from conventional language and thought. Everything has to be unlearned.
So it is with People’s Economics. Longtime readers will be familiar with the concept that has been developed in real time here on this blog. Now that the camp has been set up in the middle of the dark woods, it’s time to light a fire. People’s Economics is now the Camp/Fire for Barataria, aside from period asides which will in other ways help the promote the general concept of developing new perspective.
It’s an old cliché. “Missing the forest for the trees” has little meaning by itself, but calls up a deeper cultural conversation. This kind of “conventional wisdom” is worth exploring in a world full of a lot of detail but little useful, objective truth.
Megyn Kelly probably thought she had a blockbuster for her new Sunday night interview show on NBC. By sitting down with Alex Jones she clearly planned to use her considerable skill as a no-nonsense interviewer to show the world just who this guy is. It probably never occurred to her that by giving him a platform she was promoting his horrifically unreal nonsense and bringing it to a wider world.
It’s the kind of hubris that Shakespeare made a career out of portraying.
The backlash is massive and there is little doubt it was a mistake. But shouldn’t we shine light on these princes of darkness, the purveyors of a land a few hours past the Twilight Zone? Yes, perhaps, but it takes a certain standard of journalism to do so. The sad thing is that journalism, personified by objectivity, is quite dead. Kelly can’t revive it, either. For better or worse, this is the time for the new daughter of objectivity to take charge of the family treasure, truth, for a new age.
Nothing causes men to latch up quicker than a discussion or article on “Women’s Issues.” We are, by definition, not included. More to the point, it almost certainly is going to stray into something we’d rather not hear about in the first place given that it’s almost certainly going to make us feel brutish, inadequate, or queasy.
Don’t worry guys, this is not about menstruation. This is about the stuff we can actually do.
“Conventional Wisdom” isn’t.
Everyday life is the process of understanding and using key facts about the world around us. The sky is blue, red means stop, the 94 bus leaves at 7:53, and coffee will wake you up. Most of the important things in life are obvious enough, based on immediate observation or past experiences strung together.
However, the presence of technology and a growing interconnectedness impinges critical “facts” onto our lives which reach far beyond our senses and sensibilities. Cell phones work because they just work, this thing called “money” in our bank account is extremely important, people who live in distant lands are motivated by something akin to demonic possession, et cetera.
This is where it all breaks down. Or, more importantly, where things breaking down accelerates as reason itself fails.