Bruce Sterling: State of the World 2010

[Father Jape]

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Inkwell: Authors and Artists Topic 373: Bruce Sterling: State of the World 2010

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Basically we've got an emergent, market-driven global financial system
that was all about a faith-based market fundamentalism. It was
deprived of oversight for three good reasons (a) it rapidly brought
prosperity to billions (b) under globalization, money is inherently
global while governance is inherently local (c) complete regulatory
capture of the system -- nobody but bankers understands how to bank.
There's no caste of regulators left anywhere who have the clout or even
the knowledge to do anything usefully stabilizing. No, not even if you
give them guns, lawyers, money and back issues of DAS KAPITAL.

You know, it's like a multiracial labor-union socialist
community-organizer thing, the Lula regime in Brazil.

Surely Americans wouldn't go for that, though. There's just no way.
Not the American Way. American Way of Life Not Up For Negotiation.
End of story.

Americans really want and need and desire a Futuristic Vision Thing,
they get all lonesome and moody without one, but it's absolutely gotta
be one of those good-old-fashioned American Futuristic Vision Things,
just like the Americans had in the 1950s when everybody else was still
on fire from total war and cleaning up the death camps.

An Internet year is like seven Earth years, so the Internet looks 210 years old in 2010. It's forgotten how to be a solution to analog problems, if it ever was any such thing. As it's socializing, it's becoming less a techie platform and more a human institution, and a particularly frail, senile, piratical, treacherous weird one.