Posts Tagged ‘capitalism’

A Change Is Gonna Come

Al Gore- The Future
Let’s be honest. Al Gore can come across as a pretentious, pedantic bore. His political enemies have done a great job of convincing most Americans that Gore takes personal credit for inventing the internet. (By the way, he doesn’t. During a 1999 CNN interview, he spoke about taking the initiative as vice-president to foster, economically and legislatively, the technology that we now know as the internet.) But Gore’s formality and stiffness in otherwise relaxed situations along with a tendency to sound self-righteous play right into the hands of those that perpetuate this notion.

That said, as the New York Times reviewer noted, Gore’s latest book, “The Future:Six Drivers of Global Change” is worth checking out for two ideas that it introduces. Reviewer Chrystia Freeland writes: “The first is the premise. Gore believes we are living in a ‘new period of hyperchange.’ The speed at which our world is changing…is unprecedented, and that transformation is the central reality of our lives. The technology revolution, Gore writes, ‘is now carrying us with it at a speed beyond our imagining toward ever newer technologically shaped realities that often appear, in the words of Arthur C. Clarke, ‘indistinguishable from magic.’’”

“Gore’s second big argument is based on this first one,” Freeland writes. Since we’re experiencing these major economic and sociological changes, we need to think about the local, regional, and geo-political implications. Gore seems to believe that the nation-state is fast becoming irrelevant and talks about how globalization has really transformed business into Earth, Inc. And, he believes that if America doesn’t lead the rest of the world in developing a viable international reaction to these rapid changes, that the world will stay stuck in the paradigm that we’ve inherited from previous, less complicated centuries.

Of course, Al Gore isn’t the only person who believes that the business world has some issues such as “quarterly democracy” which need to be addressed. There are some, and I include themselves among them, who believe that this period of Capitalism is reminiscent of the days of the robber barons from the late 19th and early 20th centuries. In a recent TIME essay, “The Curious Capitalist” Rana Forooha talks about the short-termism of our system of shareholder capitalism and about those “calling for not only corporate pay and tax reforms but also a more Germanic-style stakeholder capitalism that can spread the benefits of a company’s growth more evenly among labor, management and shareholders.”

For capitalism to remain viable, it’s important that the population be economically productive. However, new technologies are enabling companies to employ “robosourcing” which eliminates a high percentage of workers from the equation. If memory serves, Gore mentions software which can be used by legal firms to do the work of 10,000 legal interns. Not great news for law students who’ve invested all that time, money and effort in their educations.
With people living longer and healthier lives, society is going to need to figure out a way to keep the population productively employed so that they can participate not only as conscientious citizens but also as active consumers who stoke the engines of capitalism with their purchases and contribute to the government coffers via taxes.

Along with unemployment, the overall growth of the world population, the aging of populations in first world nations, “The Future” also addresses water quality and shortages, top soil depletion and, of course, the effects of global warming. I have to admit that the Malthusian in me started wondering about the impact these dilemmas would have on fear and the growth of intolerance which generates hate groups like neo-Nazis, radical Islamists, and the like.

In his New York Times review of “The Future”, Michiko Kakutani says Gore is most convincing “when he refrains from editorializing and sticks to analyzing how changes in technology, our political climate and the environment are going to affect the world, often creating domino and cascadelike effects.” For instance, how the growth of the Internet and proliferation of mobile phones in developing countries has helped closed the information gap and increased the opportunity for “robust democratic discourse” but also increases threats to privacy and cybersecurity. Or how 3-D printing raises questions about intellectual property as well as copyright and patent law and how advances in science technology might soon create ethical dilemmas when parents have the opportunity to create “designer babies” with the ability to choose not only hair and eye color but also height, strength, and intelligence characteristics.

“The Future” is an ambitious project. Probably,too much so. Gore tries to educate us with a comprehensive, holistic overview about how various factors (business, population, environment, technology, information) interrelate but the effect can be overwhelming. Add Al Gore’s wooden and ponderous communication style to the mix and you might find your mind wandering as you wade through it. Nevertheless, it’s worth the effort. As Gore observes: “We as human beings now face a choice: either to be swept along by the powerful currents of technological change and economic determinism into a future that may threaten our deepest values, or to build a capacity for collective decision making on a global scale.”

Something to think about.

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