Notes in the Margin

On the intersection of web apps, digital content and social media

Seth’s Blog: The forever recession

This is why I read Seth Godin. Religiously.

There are two recessions, says Seth Godin: one the financial recession that began in late 2007 and, according to economists, ended in late 2009. The other recession is the decline of the industrial age, and is with us forever.

[M]iddle class jobs that existed because companies had no choice are now gone.

Protectionism isn’t going to fix this problem. Neither is stimulus of old factories or yelling in frustration and anger. No, the only useful response is to view this as an opportunity. To poorly paraphrase Clay Shirky, every revolution destroys the last thing before it turns a profit on a new thing.

Another expression of the need to not revert back to traditional, now outdated cultural / economic dynamics but to innovate our way into a new balance.

This is what evolution is all about. Resisting evolution is suicide. Evolution is is neither good nor bad, it’s merely adaptation to circumstances.

The networked revolution is creating huge profits, significant opportunities and a lot of change. What it’s not doing is providing millions of brain-dead, corner office, follow-the-manual middle class jobs. And it’s not going to.

Seth’s Blog: The forever recession.

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Written by tstaley

September 21, 2010 at 10:14 am

Posted in Evolution

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