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
15 Money Secrets from the World's Wealthiest People
What do you think would happen if someone decided tomorrow to take all the money in the world and divide it amongst the global population equally? Some say the world would be a better place and everyone would be happy and prosperous. Others say that money…
Alan Watts and the Illusion of Time
When I started this YouTube channel, I became fixated on the day it would succeed. I stopped going out with friends and spent almost every waking moment working towards and dreaming about the future. When I did manage to go out with friends, I spent all m…
How To Deal With Setbacks
It’s like saying that you want to be a boxer, but like after you get really good at boxing, you’ll never have to take a punch again. It’s like, no, the sport, people, that’s the sport of the game we’re playing. All right, this is Michael Seibel with Dalt…
Worked example: Rewriting expressions by completing the square | High School Math | Khan Academy
Let’s see if we can take this quadratic expression here, ( x^2 + 16x + 9 ), and write it in this form. You might be saying, “Hey Sal, why do I even need to worry about this?” One, it is just good algebraic practice to be able to manipulate things. But as…
The Ancient City That Mastered Water
It’s a cold, rainy night in the walled city of Cordoba, medieval Spain. Watchmen guard the city, unaware that an entire army of Christian soldiers are about to launch a surprise attack. In a single night, they conquer the entire city, bringing the Muslim …
Which Hits The Ground First?
Now I’d like you to make a prediction. In my left hand, I have a basketball; in my right hand, a 5 kg medicine ball. If I hold them both above my head and then let them go simultaneously, which one will hit the ground first? Six years ago here at the Uni…