Seth Godin: The Forever Recession

September 21st, 2010

Commenting on our economy’s evolution away from stable manufacturing and office jobs, Seth Godin writes:

Protectionism isn’t going to fix this problem. Neither is stimulus of old factories or yelling in frustration and anger. No, the only useful response is to view this as an opportunity. To poorly paraphrase Clay Shirky, every revolution destroys the last thing before it turns a profit on a new thing.

The networked revolution is creating huge profits, significant opportunities and a lot of change. What it’s not doing is providing millions of brain-dead, corner office, follow-the-manual middle class jobs. And it’s not going to.

The transition to an industrial economy was painful, but I don’t think most people would like to go back to an agricultural economy.