Haque Really Hacks It

I'd stopped reading Umair Haque's posts on Bubblegen because I was beginning to find them increasingly incomprehensible (probably old age on my part). This one is crystalline in comparison - and highly germane to everything I've been writing about on this blog:

Central banks and governments are throwing money at an economic superstructure rotting from the inside - but given the severity of the situation, that's like trying to put out a fire by throwing Molotov cocktails at it.

So what should we do - what can we do - about it? Here's my answer.

...

That's the third, simplest, and most fundamental step in building next-generation businesses: understanding that next-generation businesses are built on new DNA, or new ways to organize and manage economic activities.

Think that sounds like science fiction? Think again. Here are just a few of the most radical new organizational and management techniques today's revolutionaries are already utilizing: open-source production, peer production, viral distribution, radical experimentation, connected consumption, and co-creation.

Openness, sharing, etc., etc., etc. (Via David Eaves.)

Darwinian Selection, Where Are You?

As I've pointed out many times, Darwinian selection lies at the heart of much of openness's success. So this is really, really bad news:

Imagine if we threw money at record labels, in the hopes that they'd publish better music. What do you think would happen?

Unfortunately, that's exactly what the Fed's doing with the financial system. But throwing liquidity into a rotten system is just giving the virus new stuff to infect, consume, and decay.

Oh dear.

The Hive Mind Buzzes - and Stings

The Bubble Generation Strategy Lab (there, and you thought it was just a blog) was recommended to me by Chinesepod's Ken Carroll. It's interesting stuff, but I must confess a certain ambivalence.

Clearly this Umair is a bright chap, it's just that occasionally I cannot understand a word he is saying - and this is not a problem I normally have with, well, much.

On the other hand, some of his postings are right on the button. To wit: this one, on the "New Bourgeoisie". Or is it just because he has the guts to criticise the otherwise untouchable la Dyson?

Unrelenting Evil

I couldn't have put it better myself.