economics for our time

Every fortnight I collate some of the observations and insights that were shared on social media. I call these Friday’s Finds.

@johnrobb – “If you don’t own bots, bots will own you. Bots (software and hardware) are the capital & labor of the future in one package.

@goonth – “If people don’t know how to communicate, relate and interact, then tools are just tools. Businesses & markets depend on human competencies.

@Nynetjer-Maat-AtenRa – “If I plant seeds in the earth and get vegetables, did I create those veggies or the earth?

It’s cheaper and easier to rent an MBA than to hire one – via @AchimMuellers

Across all industries, self-employed jobs rose 7% during that time, soaring through the frothy web development days of the 2000s but dropping precipitously during the latest recession. The numbers began to tick up last year.

Because the model shifts the risk and responsibilities once borne by big companies onto individual workers, critics decry the burden on the lower-income workforce. But for high-skilled workers there are great benefits to being able to decide when, where, and how they work.

@snowdedRendering plants for people

When I first designed and programmed decision support systems on mainframes we were even worse, charging for times and MIPS.   So if you were a poor programmer then the client got charged more.  Time is not a measure of value, but manufacturing models of consultancy as opposed to artisan ones by their nature assume it is.

The Revolution in Syria Nobody’s Talking About – via @mbauwens

In the cantons of Rojava, there is a small central government with an absolute minimum of 40% female delegates, but most of the day-to-day work of running society happens at a local level, street by street and village by village. Democratic Confederalism’s chief architect, Abdullah Ocalan, says that “Ecology and feminism are central pillars” of the system he has spearheaded, something that you would have to go very far to the margins to hear from Western politicians. In Rojava, men who beat their wives face total ostracism from the community, making their lives in a highly social, connected society virtually impossible. Instead of a police force and jails, ‘peace committees’ in each municipality work to defuse the cycles of inter-family revenge killings by consensual agreements between both sides – and it works.

@mintzberg141Enough Leadership: Time for Communityship

How can you recognize communityship? That’s easy. You have found it when you walk into an organization and are struck by the energy in the place, the personal commitment of the people and their collective engagement in what they are doing. These people don’t have to be formally empowered because they are naturally engaged. The organization respects them so they respect it. They don’t live in mortal fear of being fired en mass because some “leader” hasn’t made his or her numbers. Imagine an economy made up of such organizations.

Don’t let them realize they’re slaves,” by Jang Bong-koon – via @BlueAnWhiteArmy

economic slaves
Image: Jang Bong-koon





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