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Carol H Tucker
Passionate about knowledge management and organizational development, expert in loan servicing, virtual world denizen and community facilitator, and a DISNEY fan
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beladona Memorial
Be warned:in this very rich environment where you can immerse yourself so completely, your emotions will become engaged -- and not everyone is cognizant of that. Among the many excellent features of SL, there is no auto-return on hearts, so be wary of where your's wanders...
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the storm isn't coming, it's here
Today is the 4th day of the 4th week, the 23rd day of the 1st month, the 23rd day of 2019, and:
Quote of the day:
"I [suspect] that we are throwing more and more of our resources, including the cream of our youth, into financial activities remote from the production of goods and services, into activities that generate high private rewards disproportionate to their social productivity. I suspect that the immense power of the computer is being harnessed to this 'paper economy', not to do the same transactions more economically but to balloon the quantity and variety of financial exchanges."
~ James Tobin, July 1984. He was American economist who received the 1981 Nobel Prize “for his analysis of financial markets and their relations to expenditure decisions, employment, production, and prices”, and is regarded as America’s most distinguished Keynesian economist
Whether you call it the service economy, the attention economy, the tech economy, the knowledge economy, or simply the new economy, there is little doubt that historians will peg the change of the century as a time of social upheaval caused by a changeover from the industrial revolution to it. As happened in the early 1900’s with the fading of the agricultural economy to the industrial or manufactory, there was a period of time when there was deeply divisive issues caused by disappearing occupations and the changing demands upon the infrastructure. Even as late as 1984, a Nobel-winning economist was still focused on “production” as the purpose of business, not realizing how rapidly technology was overtaking the entire world.
It took WWI, the Great Depression, and WWII before humanity worked out the kinks of the transition to an industrial society. I hope I live through the coming turmoil to see how we all figure out who to live conformably within the global economy.
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