We’ve heard about the shifting economy (or, as some have said, the tanking economy) for a while. In my very humble opinion, it has been shifting for the last 20 plus years. Fortunately, better economic minds than mine also feel this way.
I recently stumbled on a couple of articles from 2009 that make sense to me in describing what has been happening (and prophetically, happened in the last couple of years since the articles were published). The first is “What’s Your Strategy for the Next Decade” by Umair Haque. He examines the underlying assumptions of the 20th Century economic model and how they’re failing in the current century.
The second, by the same author, is “The Case for Constructive Capitalism“. Mr. Haque makes the argument for a new form of capitalism that will drive the economy back to building real value, versus the bleak picture he paints in the first model.
Personally, I love his metaphors of skyhooks, cranes, and bootstraps. Read them and you’ll understand!
Let me know what you think.
JohnP
