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View Diary: How Will Our Economic Transformation Change Our Political Geography? (179 comments)

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  •  Robert Reich writes about this subject, too. (8+ / 0-)

    As the American economy becomes more and more focused on ideas, the types of places that have dynamic, diverse cultures and involve more mixing and socializing among different sorts of people will become increasingly important economically.

    Which brings me to Lowell: we incorporated the "creative class" concept into the city's master plan when we updated it back in 2001-2003.  It's important to not only have one, but to provide a conveyor belt to allow all populations to move into the creative class - and by doing so, the culture that sustains that class becomes that much more dynamic and diverse.

    •  Technology makes ideas Vulnerable (4+ / 0-)

      Right now, more people worldwide listen to more music than ever before.

      Yet, global music revenue has decreased about 40% since 2000.

      Global broadband penetration has allowed more people to watch broadcast network programming on their computer than ever before.  Those watching the programs on TV are skipping commercials, thanks to TIVO.

      The upshot?  As Zuckerman (NBC Chief) says, broadcasters are trading analog dollars (TV) for digital pennies (Broadband), and CBS broadcasting is trading at less than 5 dollars a share, down from its all-time high of over 35 dollars.

      All I'm saying is that any idea/concept whose value can be transmitted via 0s and 1s is very vulnerable.

      Learn about Centrist Economics, learn about Robert Rubin's Hamilton Project. http://www1.hamiltonproject.org/es/hamilton/hamilton_hp.htm

      by PatriciaVa on Sun Feb 22, 2009 at 04:46:36 PM PST

      [ Parent ]

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