by Mark W. Gaffney
Photograph Credit: https://pixabay.com/en/users/Angela_Yuriko_Smith-6341455/
Economic Systems Established by Human Beings should Incorporate Values Regulating Disruption in Order to Transcend an Evolutionary Process of Survival of the Fittest because We are more than Machines
My value added insights about appreciation for all that has gone before serves to expand and add a fuller depth of meaning in order that mankind may overcome and achieve triumphant victory over problems we face. My value added insights about appreciation for all that has gone before in no way negate or deny real problems exist. As pointed out in my freelance article entitled, An Understanding of Process of Particlization Versus Wave Function of Reality:
Quantum mechanics is underlying principle manifesting as the Hegelian Dialectic method that attempts to reach stable equilibrium by sythesis of the thesis with the antithesis. An expression in a balanced equation can be both true and false simultanously in accord with quantum mechanics operating within the physical universe
Future generations will likely look back to decry and bemoan problems arising from todays technologies. We don't live in a perfect world. Ultimately, it is the finer things of the spirit, such as gratitude and appreciation for all that has gone before, which will set things right. Ultimately, finer things of the spirit will give us a greater hope that we can overcome and prevail over problems that befall us.
Despite enviromental problems, people have worked very hard to make life better for todays generation, therefore to discount their contributions is disingenuous. In my freelance article entitled,
We are the Dream, and Only Love can Prevent the Dream from Being Corrupted or Hacked, I referenced a quote from Albert Einstein, "A person with big dreams is more powerful than one with all the facts". A lack of appreciation and gratitude for all that has gone before is corrupting or hacking the dream.
We can do without nuclear bombs. Life before the 1950s was extremely hard. Snotty nose pampered upperly mobile millennials with convenient on demand immediate access to packaged goods have no clue as how hard life was back then.
The life expectancy was very short because in an agriculture society without farm machines people actually had to work hard to eat. Mass production of goods conveniently brought (1) prepackaged beverages and food products to feed the appetites of instant self gratification, (2) lowered manufacturing cost to make bells and whistles of modern civilization more affordable for the masses. So maybe a little gratitude and appreciation of convenience of modern life is in order.
Youngsters don't know how to grow crops or nurture a beautiful animal like a horse. They jump in their hotrod automobile to peddle drugs after crawling out of bed at noon.
A lot of whipper snappers with a soft easy jobs in political think tanks spread discontent working with complex haughty ideas. In my view, these people are not qualified to disrupt anything no matter how smart they may be.
My freelance article entitled, Steady as She Goes: Navigating Towards the Future at Synergy Global Summit New York 2017, provides a discussion of disruption from perspective of dot.com bubble.
Euphoric hope and optimism of unlimited growth and opportunity spurred by the digital revolution exploding in the early 1990s was immediately challenged by realistic practical economic concerns. Realistic practical economic concerns leading toward the dot.com bubble stymied the digital revolution.
The Dot.com bubble is a truly facinating epoch in human history that provides insights and revelations about human behavior. An understanding of historical implications of the dot.com bubble may be helpful to moving forward during an era of accelerating scientific and technological returns that the 21st century will bring.
A major consequence of excessive competition within markets is price deflation. As I wrote in my freelance article entitled, Steady as She Goes: Navigating Towards the Future at Synergy Global Summit New York 2017, an introduction of a huge number of start-ups into the market can potentially have a negative economic impact of reducing financial resources necessary for bigger more specialized corporations to build superior quality products.
Price deflation as a consequence of introduction of to many start ups offering dubious questionable products and services oftentimes leads to unemployment. If a company cannot make a profit from selling products and services the company must reduce hiring and may have to let employees go.
Governmental control or regulation may be necessary to move forward during an era of rapid scientific and technological progress in a manner tempered by rationality and respect for those who have made a contribution. Services and products offered by a plethora of dot.com start-ups shortly after the digital revolution began had questionable or dubious value to consumers. The dot.com business model often included lavish spending and excessive exorbitant over optimistic partying.
In an atmosphere of transparency, certainly individuals have to become aware of trends within markets driven by an ever increasing rate of scientific and technological returns in order to acquire education needed to make a contribution. If people cannot acquire education they need to make a positive contribution then social unrest and disorder leading to collapse of society may occur. The Morgan Stanley article entitled, Engineering the 21st Century Digital Factory, discuss modern trends in manufacturing that will (1) make manufacturing more profitable and (2) bring real value to consumers by increasing efficiency of manufacturing.
However, economic systems established by human beings should incorporate values regulating disruption in order to transcend an evolutionary process of survival of the fittest because we are more than machines.
No comments:
Post a Comment