Why Progress is No One's Enemy
In the February, 1970 issue of
Playboy magazine (yes, the one with Linda Forsythe as the Playmate of the
Month) a sociologist wrote an article about the psychological impact of
technological innovation and rapid change.
He introduced the term, “information overload” and told us that too much
change over too short a period of time led to stress and wide-spread social
discord. The article was so well
received that the author went on to expand the think piece into a book. It was a best seller. The author was Alvin Toffler and the title of
both the article and the book was Future
Shock.
Ten years
earlier, economist, John F. Muth first proposed a neo-classical theory of
economics called Rational Expectations.
This theory, later developed by Robert E. Lucas, would eventually win
Lucas the 1995 Nobel Prize in Economics.
While Toffler was certain that the overload of information in a
technologically rich world would confound and overcome the citizenry, Rational
Expectation Theorists were sure that perfect information would lead to perfect
allocation of resources in a free market economy. More specifically, they contended that
governmental monetary policies would be ineffectual in fine-tuning an economy
because the citizenry, armed with the tools of modern technology, would be
aware of such manipulations, and would react accordingly.
Toffler and
Lucas offered two conflicting predictions of what the future held. Chaos or prescience? Stress or confidence? Confusion or stability? Shock or awe?
Not withstanding
my inherent suspicion of sociologists—it is a too soft a science for someone
with a degree in economics—experience has shown me that our society has adapted
to the information age. Technological
progress has been a given in societal evolution since the human species first
began manipulating its environment for its own good. The prehistoric hominid who readily accepted
improvements in a difficult life lived longer, lived stronger, and had more
little hominids all with their parents’ propensity for adaptation. We are hard-wired to not just live with
technology, but to thrive under it.
Technology
is simple in conception, complex in execution, and monetarily constrained in
application. But it is, by definition,
within the realm of logic, analysis and production. Technological problems deal only with the
constraints of physical reality, not the dynamics of human interaction. It is the difference between specific and
infinite variables. Inventing the wheel
was evidently easier than creating an enduring republic, just look at the time
table for each. But in both cases,
there were both intrinsic and specific rewards.
Technology
has matched our imaginations. We have
moved relentlessly forward and our biggest problems have been finding work for
the scriveners and buggy whip makers who have been rendered useless by the
march of progress. In each case a
technologically weak business is replaced by an economically stronger one. We are more likely to use new and better
resources to enhance our position in the world than to be stymied by them. When I see protesters complaining that the
tools of progress and innovation are enriching some and denying income to
others I wonder if they are complaining about progress or their share of the
pie? What is wrong with people getting
rich from the work of their minds? Is
imagination and risk taking less worthy of reward than physical labor?
Jealousy is
a small and ugly emotion. Anarchists are
lazy and spoiled people. Instead of
protesting against corporate greed, why not improve the system? It could make you rich.
We know the
truth, and the truth has set us free, use it to keep the faith.
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