Can The US Continue To Innovate At A Necessary Rate Without Causing Complete Social Upheaval?
8th March 2010
Increasing innovation and economic growth is absolutely key — but such things do displace people and jobs, and those people will fight like hell to have the government protect those jobs, and will become angry when the government fails to do so, and that can create social unrest and populist political movements that do more harm than good. But those movements aren’t necessarily driven by the same people that Manzi was discussing earlier as “have nots.” In fact, many of those movements are often engineered by the “haves” who are seeking to just have the government prop up their existing markets in the face of competition driven by innovation.