People’s Economics – The Definition

Futurists and economists often spend a lot of time contemplating the systems and hardware of the world unfolding around us. The promises of the information age, quantum computing, Industry 4.0, and many other well laid plans are expounded on at great length by enthusiasts with imagination. Yet in all of this, there is something usually missing, something incredibly important:

How is the world that is coming going to work for people? How will it help us all have a better life?

We can see fractures already. Economic systems which bring prosperity do so at a large cost in nature and workers. Families are under strain from changing times, yes, but largely due to demands for more and more work at greater distances. Automation takes away much of that work, bringing more misery than comfort. And the prophesy of abundance is a chimera.

Correcting this is what People’s Economics is all about.

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Ten Years On

It was a dark and stormy night …

Ten years ago, I started Barataria with that perfectly awful line. It was indeed a cold, dark evening in April filled with a sense of anxiety. Where has all this gone in ten years? You be the judge.

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Why We Write

Leading into the 10th Anniversary of Barataria in less than two months, I am re-running pieces from the first year.  Some of these pieces, like this one, are more personal and introspective.  I hope you enjoy it.

Why do we write? It’s a tough question. People put a lot of effort into blogs, but not too many of them are worth reading. Most of these will eventually cease to be amusing, stop being updated, and gradually dissolve as if there were never more than some kind of atmospheric turbulence. So why are they started in the first place?

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Strategy as Leadership

Leadership.  There has been a lot of talk about it lately, or more to the point the lack of it.  In common talk it is defined as “Doing or standing for the things I like” far more often than is useful.

There is a horrible lack of leadership everywhere in the developed world right now.  Can anyone name a powerful nation with good leadership?  Perhaps you can name a few businesses that have it, but not many.  How about social leadership? Religious leadership?  Are there more than a few people in rich nations anywhere who have a strong following that is capable of getting done what they want or need to?

Then again, the lack of leadership is hardly surprising.  It is not about a charismatic figure that molds the masses to action – it’s about getting things done.  That requires strategic thinking, and strategy is something horribly under-appreciated.  I might chalk that up to excessive selfishness or a failure of moral character in our world, both of which are issues.  But upon reflection, it seems to come down to a lack of understanding of what Strategy is and why it is important.

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