3 Matching Annotations
  1. Mar 2024
    1. The whole industry is built on this concept of planned obsolescence. That’s the term that I think IBM famously came up with in the sixties, where basically you’re intentionally trying to constantly sell people on the new new thing. And that’s what drives the stock price up. And that’s what drives the press cycle. And that’s what gets people to buy new products and things. And so, the whole industry is predicated around this idea of there’s always a new thing around the horizon.

      Where did the concept of planned obsolescence originate? Was it really IBM as Alex Wright suggests here?

      How does planned obsolescence drive capitalism? And as a result of that is there a balance between future innovation and waste? Is there a mechanism within capitalism that can fix this waste (or dramatically mitigate it)?

  2. Dec 2023
    1. Wells attempts in this essay to help mankind "pull it's mind together" for the betterment of people and the planet. How is this supposed to happen in a modern media environment which is designed to pull our minds apart as rapidly as possible?

      How might the strength of capitalism be leveraged to push people back toward a common middle rather than split them apart?

  3. Apr 2023
    1. Why do we devalue education? Is it such a commodity now that its transmission value is worth pennies on the dollar?

      Is Government requirement and support for education part of what causes the devaluation of the "educational market"? If so, how would one decouple this process to increase the wages of educators? Is a capitalistic version the best way to go, or is it better to socialize it further and inject more money into it versus other choices?

      Major nationwide strike forming minimum wage with variances for local consumer indices and city/state costs of living? Something which would drive competition for child care and teaching spaces? Wages that would push up the social value of education? Create a market for competition for teachers at the local level as well as between areas?