Sean Devine has a conversation with Horace Dediu of Asymco about open source software.
via 5by5 | Ruby on Rails Podcast #146: Horace Dediu of Asymco – Open Source Software.
Very nice conversation, especially the insightful remarks and questions from Sean Devine. I like it when Mr. Dediu is “disrupted” by an intriguing partner and starts brainstorming….
Very useful conversation. Thanks. Take away: Corporations simply become Scrooge McDucks, do not redeploy resources to develop new innovations, starve other innovators financially.
How did it happen that corporations became, like vampires, like zombies, that is, entities with more life than us? not to mention more rights than us?
Look for some insight to this when Clayton Christiensen’s new book on the Capitalist’s Dilemma comes out. For a number of reasons corporations have skewed toward cost cutting over investment.
I can’t put a pleasant or reasonable face on US economic inequalities or corporate greed. Search Princeton Concludes What Kind of Government America Really Has, and It’s Not a Democracy,
There is a book by Jacob S. Hacker and Paul Pierson called, “Winner-Take-All Politics: How Washington …” This book goes into detail about how capitalists have been able to dramatically change their relationship with the US Government, starting in the 1970s. However I think all of that is outside the scope of the podcast, and of what Horace does generally.
Horace plans to track Christenson’s research into the capitalist’s dilemma. It describes the nonproductive concentration of wealth today. It’s all of a piece.
Thanks for the Moyers link.
There’s also a quick analysis by Berkeley’s Brad DeLong; for those with a bit of econ, DeLong’s analysis shows the details about what’s going on in different eras.
I’ve always considered the US a plutocracy. Seems obvious enough, but maybe that’s just because I’m outside of America looking in. It’s probably harder to see it when you’re right in it.
Well I’m probably older, old enough to remember when labor had a say in things here. And when there was a social contract that promised a house, a car, college for your kids and a pension. And one salary sufficient for a family. Twenty years of privatization and globalization put an end to all that.
Your usual tech analysis:
Here’s how this works mechanically. This is the mechanism, these are the results.
Wouldn’t it be nice if Apple did this. Companies should really think more about doing that.
Maybe things will just get better spontaneously.
I’m interested in our economic system: how it works, how it doesn’t and what can be done to make it more beneficial to everyone. I don’t know more than you do about it. I hope you stay interested in this, keep learning, and share what you learn until the mechanics become more clear and obvious to everyone.
My own theory is that the economic system is systematically unstable, that boom and bust times are built into the system. The brakes on these cycles are not built into the system. The brakes are fear experienced by people who have lived through the last near catastrophic collapse. These people keep the system from operating naturally by force of law or by other means. Once they die controls are removed and agreements are forgotten, and the catastrophe happens again, creating new fearful people.
What sort of nuts and bolts changes can be made to the economic system to moderate the boom and bust times; to make it so that outside forces like fear, and the benevolent thinking that you suggest, can be internalized and the system can become more self regulating?
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