4 ms·
Over the past decade, our economic system has been rewarding zero-sum capital concentration at the expense of productive innovation and this has rewarded conven
by cryptica 6y ago
Over the past decade, our economic system has been rewarding zero-sum capital concentration at the expense of productive innovation and this has rewarded conventional thinkers at the expense of independent thinkers.
Conventional thinkers are better at concentrating capital because they want what everyone else wants - This allows certain things to become and remain highly overvalued or undervalued. Conventional thinkers have a sense of value which is grounded mostly in social approval/reinforcement; their sense of value is mostly detached from any underlying utility.
Independent thinkers are better at innovating since they don't value social approval/reinforcement and so they are more capable at identifying real utility value.
The problem today is that there are many conventional thinkers and they have been reinforcing each other's arbitrary decisions (not rooted in utility). This arbitrariness which is only rooted in social convention has been terrible for independent thinkers. Independent thinkers have been competing with large groups of conventional thinkers; on a ratio of maybe 1 to 100 or worse.
A lone genius is no match for hundreds of fools. History has demonstrated this time and time again. Socrates, Galileo... Successfully persecuted for being independent thinkers. It doesn't matter that they were right.
Our society just seems to be breeding conventional thinkers by the millions.