yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

What causes income inequality and tribal politics | Bill Drayton | Big Think


3m read
·Nov 3, 2024

Processing might take a few minutes. Refresh later.

Bill Drayton: Maybe a good way to get into this is to ask: why are income distributions everywhere getting worse and worse, regardless of the nature of the economy, regardless of ideology? That’s just a fact.

And the second question: why do we have “us versus them” politics (and all the pain and disruption that causes) spreading and spreading across the world? So that’s another fact. So this is not based on a personality or some economic peculiarity. There’s a deeper force at work.

So let’s start with some other facts. From 1700 to now, the rate of change and the degree of interconnection have both been going up, each feeding the other exponentially. And the demand for repetition has been going down in a mirror curve. These curves have been going for 300 years, and we’re now at a point that much of the world is already functioning as an everything-changing world where you must be a “change-maker” to be able to play in this game.

And those are skills that are almost exactly the opposite of the skills that were appropriate in a world organized around efficiency and repetition. The old model was: you learn a skill – barber, banking, it doesn’t matter. And then you repeat it for life in workplaces with walls – assembly lines, law firms.

And that world is basically gone, except a lot of people don’t know it yet. And in the world that is all around us, the successful parts of the world, you have to have very different skills. You’ve got to be able to live in a kaleidoscope of contacts that are all changing and are interconnected.

And you have to be able to see new patterns and come together in new teams and work with teams of teams. This is very complex and it requires very specific skills. And the world is now increasingly divided by the new inequality between those that have the skills and are in the new game of change and those who don’t have the skills.

And this is very bitter. The people who are in the game are helping one another get better as it speeds up because that’s what you do with teammates. You need your teammates to be really good. So that part of the world is getting better and better at a game that the other part doesn’t see, doesn’t have the skills, and is being pushed out.

And we’re telling those people, “Go away. We don’t need you. It’s your fault. And by the way your kids don’t have much of a future.” So why do we have income distribution getting worse? Because there’s a bidding war for the people who are change-makers, who are in the change game, and there’s going-away demand for people who don’t have those skills. Economics 101.

Why do we have us-versus-them politics? Because if you treat anyone—let alone large parts of humanity—in this really terrible way, “You can’t be a part of society; You can’t contribute; You are powerless”—This is terrible! This is what makes people profoundly unhappy.

And of course you have opioids. We have to tear down the new inequality and therefore the income inequality and this outrageous way of treating a large part of the population.

And the key is we have to help every single human being have the skills so they can contribute, so they can be powerful, so they are change-makers. That’s the heart of it...

More Articles

View All
Peatlands Critical In Climate Change Fight | National Geographic
[Music] Nice. Yeah, really. PC, my name is Brett Azhagi, and I’m a postdoctoral researcher. We’re here to study the peatlands; you compare it to other soils. Peat is really carbon dense; it’s made up of partially decomposed plant material. All the carbon…
Is The Universe A Simulation?
In 1970, a British mathematician named John Conway created a project known as the Game of Life. Even though it’s a game, it isn’t one that you necessarily play. The Game of Life is a zero-player game, which doesn’t make much sense when you hear it. The wa…
TIL: How to Play Matchmaker for Beautiful, Endangered Birds | Today I Learned
[Music] Make fun, cringe! I’m monogamous. When a cup of cranes is together, they are likely to stay together for the rest of their lives. But unfortunately, in my country, Wanda, most of the cranes are hunted and sold to people. They won’t have the mini …
Re: Leap Years, 2012 & The Mayan Calendar
Hello, Internet. A lot of you sent me this image making the rounds which concerns the Mayan prediction that the world will end on December 21, 2012. The claim is that the Mayan calendar short counted the years because they forgot about leap days, so the w…
15 Signs You are the New Rich
When talking about rich people, you probably picture some old or wrinkly white man wearing a suit, sitting in a boardroom. Well, there is a new kind of rich individual that stays as far away as possible from this kind of identity. They don’t give an f abo…
Bank balance sheets and fractional reserve banking | APⓇ Macroeconomics | Khan Academy
In this video, we’re going to talk about balance sheets, and in particular, balance sheets for banks and a fractional reserve lending system. Now, it’s not just banks that have balance sheets; all corporations have a balance sheet. You can even have your …