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
Inductor kickback 1 of 2
I want to talk about a new example of an inductor circuit, and we have one shown here where this inductor is now controlled by a switch. This is a push button switch that we move in and out, and this metal plate here will touch these two contacts and comp…
The Man Behind the Bucket: Making Self-Portraits From Trash | Short Film Showcase
I don’t go somewhere to search because if you search things you don’t find them. So I go mostly and then I get surprised by what I find there. I have things in my mind, but I never would say I need this certain kind of chair or that kind of chair or somet…
Life in Flight | Chasing Genius | National Geographic
I’ve been building stuff since I could walk. If I could get my hands on it, I’d take it apart, and if I had an idea, I’d try to build it. When someone says something’s impossible, I can figure out the way to make it possible. This all started with a visi…
Orbital motion | Physics | Khan Academy
If a satellite has just the right velocity, then we can make sure that the force of gravity will always stay perpendicular to that velocity vector. In that case, the satellite will go in a perfect circular orbit, because the gravitational force will act l…
5 Stoic Secrets for Calm and Fulfilling Relationships | Stoicism
Welcome to Stoicism Insights, where we explore timeless wisdom for modern living. Today, we delve into Stoic principles that can transform your relationships, offering practical tips to foster harmony and inner peace. Stay until the end for a special offe…
Canceling zeros when dividing | Math | 4th grade | Khan Academy
Let’s solve 350 divided by 50. So one way to think about this is if we had 350 of something, let’s say something delicious like brownies. If we had 350 brownies and we were dividing them into groups of 50, how many groups of 50 could we get? Well, one ide…