I’m not a cynical person at all.
Yet perhaps one carryover habit from my Wall Street life is the acknowledged effect of a crisis in spurring change.
So we had one of those in 2001 and 2008 and here we are again. The stock market is booming. Tech is bubbling - again. Still no significant systemic changes since these last two crashes.
There will be another crash, and another... But there is one place where we are seeing systemic change happening...
People on the ground keep rising up, Tianamnin Square, Arab Spring, Occupy Wall Street, and in individual communities like Ferguson. Unlike other time periods we have social media and the great flowering of technolocial tools in your own backyard. This is bringing elevated transparency and an "in your back yard feeling" that makes things more personal, more real.
The remaining challenge with social media is the acting together part. We can see things more clearly perhaps but we haven’t learned to act together in a peaceful but direct way that changes the balance of power. Imagine...
Yet perhaps one carryover habit from my Wall Street life is the acknowledged effect of a crisis in spurring change.
So we had one of those in 2001 and 2008 and here we are again. The stock market is booming. Tech is bubbling - again. Still no significant systemic changes since these last two crashes.
There will be another crash, and another... But there is one place where we are seeing systemic change happening...
People on the ground keep rising up, Tianamnin Square, Arab Spring, Occupy Wall Street, and in individual communities like Ferguson. Unlike other time periods we have social media and the great flowering of technolocial tools in your own backyard. This is bringing elevated transparency and an "in your back yard feeling" that makes things more personal, more real.
The remaining challenge with social media is the acting together part. We can see things more clearly perhaps but we haven’t learned to act together in a peaceful but direct way that changes the balance of power. Imagine...