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I've met a large number of great craftsmen who I would rate trustworthy and who are driven first by craftsmanship and for whom self-interest is a secondary inte

I've met a large number of great craftsmen who I would rate trustworthy and who are driven first by craftsmanship and for whom self-interest is a secondary interest. I'm privileged to work at a great shop with some 20 other people for whom profit is just a small part of the goal. We call fiscal health "oxygen": It's something we need, but if it's present it should be allowed to fade from the forefront of our minds, instead focusing on more rewarding targets. This works great when you're working with a small number of people, and when the company is driven by and owned by a very small, close-knit group of people - ideally, you can count them on one hand. This allows non-fiscal values to be communicated. Unfortunately, communication is difficult among large groups, and the easiest and most common means of communicating values is in dollars. I'm not sure that a $7.5B company can maintain this idealism. "Behemoths" are going to be present whenever you have economies of scale, and post-industrial-revolution we don't have craftsmen who are butchers, we have vertically integrated behemoth butchers with million-dollar tractors growing the grain that rolls in on conveyors to feed the cows that are butchered and packaged by automated machines, so each package of beef has less hands-on time than it takes the craftsman to wrap the finished product in paper and twine. The craftsman is going to be relegated to the edges of that industry.

dbingham 8y ago
Agreed. And we're suffering all kinds of negative consequences from this system. I think one of the great economic questions facing our generation is "How can we keep the efficiencies of scale we've gained while reintroducing the craftman's motivations and ethics that have been lost?" I have some ideas towards that direction, but make no claims on a definitive answer. Worker cooperatives seem promising, since they change the average worker from "grunt" to "owner / director". It changes the incentive structure around what gets communicated and how as a company scales. Worker cooperatives also change the incentives around growth itself -- disincentivising growth beyond a certain point because each new worker waters down the voice and control of the existing ones. AI driven automation and robotics, in a context of worker cooperatives, presents the possibility of keeping our production efficiencies (that used to require huge scales) while maintaining small organization sizes. We're not there yet, but it seems like we're not too far off. I think reconfiguring the economy around these two ideas, presents the possibility of a good answer to the question posed above. And has lots of extra benefits beside (like building democracy into our economic system and not just our political system, and creating a system that more equitably distributes wealth by nature).

dbingham 8y ago

Agreed. And we're suffering all kinds of negative consequences from this system. I think one of the great economic questions facing our generation is "How can we keep the efficiencies of scale we've gained while reintroducing the craftman's motivations and ethics that have been lost?" I have some ideas towards that direction, but make no claims on a definitive answer. Worker cooperatives seem promising, since they change the average worker from "grunt" to "owner / director". It changes the incentive structure around what gets communicated and how as a company scales. Worker cooperatives also change the incentives around growth itself -- disincentivising growth beyond a certain point because each new worker waters down the voice and control of the existing ones. AI driven automation and robotics, in a context of worker cooperatives, presents the possibility of keeping our production efficiencies (that used to require huge scales) while maintaining small organization sizes. We're not there yet, but it seems like we're not too far off. I think reconfiguring the economy around these two ideas, presents the possibility of a good answer to the question posed above. And has lots of extra benefits beside (like building democracy into our economic system and not just our political system, and creating a system that more equitably distributes wealth by nature).