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Left brained economy to right brained economy

I previously wrote about how the U.S. is moving from an information economy to a marketing economy.

This article which appears in Wired Magazine reminds me a lot of what I wrote; the author just uses different lingo.

He describes the change as a move from the left brain to the right brain, or from an "Information Age" to a "Conceptual Age."

But the point he makes is similar to what I previously wrote. The information jobs are moving to Asia, especially the IT jobs, but also all kinds of other information jobs.

The only problem with the article is that the author doesn't understand that the shift is about marketing. He calls it right brained activity, but what it's really about is selling the cheap overseas goods and services to rich Americans.

posted Thursday, February 03, 2005

4 Comments:

By TWM:

Hmmm,so those "cheap overseas goods and services" are not sold to middle-class and poor Americans? They are somehow excluded from those savings? I could be wrong, but I don't think many truly rich people agonize over the cost of goods and service - that is left up to the rest of us.

posted at 2/05/2005 11:37 AM

By The probligo:

Y'know, I think that change in fact took place around thirty years back - from information based to marketing based I mean.

Think on it this way...

When did your political machineries begin electioneering on the basis of the candidate's personality rather than policies?

When did political press conferences change from hard questions to ten second sound bites?

When did television programmes change from information and entertainment to marketing vehicles for personalities?

Oh the list is endless...

posted at 2/06/2005 2:27 PM

By Calico Cat:

I meant that all Americans are rich relative to people in the countries where the imported good are being manufactured.

posted at 2/06/2005 8:59 PM

By Charity Shill:

"...how can the United States be the world’s richest country if nothing is actually produced here at all?"

I think we are transferring our wealth, very quickly, overseas. Our wealth was created over the last two centuries, and is being depleted quite fast. We borrow to buy SUVs and Walmart Kitsch, enriching overseas with our inheritance.

I agree China will probably own the top position eventually. But I think all of our lenders are eyeing the, rather small, dollar exit door right now. Korea took a step, China mentioned a possible step, etc.

What will happen if everyone runs for the door at once to try and pull maximum value from their dollar hoards?

It will get very messy, very fast. It could be next Monday, or it could be decades, but I think I smell years or less in the news.

The dollar as the sole storage of value may be at an end.

Good thinking on marketing as the new economic base; I will need to think on that a while to grasp what it may mean.

Charity Shill

posted at 3/18/2005 12:25 PM