The Great Reset #2

I've been reading The Great Reset: How New Ways of Living and Working Drive Post Crash Prosperity. I mentioned the book in my 8/7 post, and since then I have learned a lot about why we are in this current economic predicament and what is likely to happen next. According to the author anyway. The thing about economists is that they frequently don't agree on why something happened and what we should do about it.

By 'great reset' he is referring to the dramatic change in how and where we live, what we do for a living, and what our attitudes are about priorities that will occur during the recovery from this economic bust we are living through. The author likens this period to the recovery period after the Long Depression of the late 19th century when we shifted from an agricultural economy to an industrial economy; now, the shift is from an industrial to an idea-driven creative economy.It will be a monumental change; we have only begun to feel the effect of technological advancements.

The entertainment industry is poised on the edge of a cliff looking down on the new world order and wondering how they are going to climb down from their current perch successfully without breaking their neck. The music industry has been clobbered by technology, and film and TV are also going through their own dramas. With Google TV writing a whole new script on how film will be distributed, is it any wonder there have been so many strikes as the various elements try to jockey for a piece of the future pie in the sky?

Sharon