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
This is how much YouTube paid me for my 1,000,000 viewed video...
Ah, YouTube! The place where dreams are made and crushed. The place where your monthly income is essentially left up to the gods and whatever the YouTube gods deem you are worthy of for that month. Well, you just have to live with that. But seriously, You…
Politics in the Animal Kingdom: Single Transferable Vote
Queen Lion is looking to make the elections in her animal kingdom more fair. Currently, she divides her citizens into ranges, each of which selects one representative to go to the jungle council, which makes laws for the kingdom. But her citizens are unha…
Half-life | Physics | Khan Academy
This is a Neanderthal skull. Neanderthals are an extinct species of humans, and we believe they went extinct about 35 to 40,000 years ago. This is Earth, and we believe Earth to be about 4.5 billion years old. But my question was always, how do we know th…
Michael Burry: The 'Greatest Bubble of All Time' Just Burst (recent tweets explained)
The quote “greatest bubble of all time has started to burst, and it’s not done yet,” according to Michael Burry. Burry made his name correctly predicting the crash of the US housing market during the lead-up to the global financial crisis. This crash was …
LearnStorm Growth Mindset Livestream
Ask your kid, “What’d you do today?” or “What’d you do today at school?” “Nothing.” “How was it?” “Fine.” You know you always hear that, but if parents can be intentional about how they talk to their kids after school. I always ask my kids, and we hav…
Navigating the High Cost of Housing | National Geographic
(traffic passing by) [Man] The hardest part was just kind of feeling like I was a failure. (building music) Why am I sleeping here with my kids in my car? (soft music) We’ve seen a great shift in the last few years as we came out of the recession where i…