Comment 41052

By Light Bulb (anonymous) | Posted May 21, 2010 at 13:46:23

It's an argument as old as Fordism vs. industrial unionism, and one that reveals much about the enforced division between management and labour under which we've been living for roughly a century. Only a century but it seems so much longer!

This video helps explain a significant chunk of what is and has been happening to the world economy recently. We're not out of the woods by subsidizing the traditional automotive and financial sectors. That just buys time as we transition to something different, pushed by informtion technology and people's access to it.

I think we should think of this video whenever some authority talks about the need for leadership and the roles of political and community leaders. Uh huh. And who's supposed to do all the following?

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