Wednesday, April 18, 2012

How does the innovation economy mesh with the postmodern mindset?

The postmodern mindset seems to be at odds with the innovation economy. Why? Because, in my humble opinion, economic growth can be broken into at least four roots.
Growth 1: more goods and services
Growth 2: more people
Growth 3: greater productivity
Growth 4: creative destruction (the disruptive process of transformation that accompanies radical innovation)
It is this last, Growth 4, that I find particularly interesting.
"This new global economy is more than just another layer of economic activity on top of the existing production process. Rather, it restructures all economic activities based on goals and values introduced by the aggressive exploitation of new productivity potentials of advanced information technology."
[source http://www.indiana.edu/~tisj/readers/full-text/14-4%20Stalder.html]
Postmodernism is a cultural value change in comfortable economic circles (such as Northern Europe, most of the US and Canada) away from Survival and Traditional values toward Democratic and Secular values. These people value immaterial life goals such as the pursuit of self-realization, meaning in life, justice in society, and harmony with the natural world above material security.
How does the Innovation Economy mesh with this Postmodern mindset?
Won't there be a crash between the constant retraining and entrepreneurship (needed in the first world, innovation economy) and the laid-back, lackadaisical postmodern culture (values created by the first world economy)?

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