Posts Tagged ‘direct democracy’
Business, Government - Written Tuesday, August 4, 2009 by Derek Pokora - 0 Comments
The sub-prime mortgage crisis, the credit default swap and derivatives disaster, the automotive industry, recording and publishing/broadcasting industries. What do they all have in common?
Failed systems. Constructs designed by humans that have faltered at some point in the process. Some might say education is the next to witness this.
Tom Brown, CEO of IDEO, questions the current economic model in North America:
I have been thinking quite a bit recently about the failure of the economy and whether we want it to recover to its pre-bust state. As I listened to the arguments for various stimulus packages, the main justification for distributing hundreds of billions of dollars seemed mostly to involve getting us to spend more by consuming more. As a short term fix this may be okay, but wasn’t it just such an unsustainable approach to growth and consumption that got us into trouble in the first place? Can we really expect to spend our way out of this downturn and somehow magically create a post-crisis economy that is sustainable?
You mean throwing money at a problem won’t solve it if the model has an inherent flaw? How do we redesign society on a macro level? How does one magically create a post crisis economy?