Comments on: Crisis or transition? http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/ Thoughts on a changing society. Tue, 17 Jan 2012 14:09:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Laurent Haug’s blog » Blog Archive » Buying Swiss companies http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/comment-page-1/#comment-17495 Laurent Haug’s blog » Blog Archive » Buying Swiss companies Fri, 20 Mar 2009 17:23:41 +0000 http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/#comment-17495 [...] As I wrote earlier, there is a new found dynamism, that I explain by another change: being your own boss is now safer than working for a big corporation. If business slows, you can wake up at 5 instead of 7 and try to make things better. If you work for a large bank, there is maybe one of your 80′000 coworkers at the other side of the planet doing something that will kill the company, and you can not do much about it. [...] [...] As I wrote earlier, there is a new found dynamism, that I explain by another change: being your own boss is now safer than working for a big corporation. If business slows, you can wake up at 5 instead of 7 and try to make things better. If you work for a large bank, there is maybe one of your 80′000 coworkers at the other side of the planet doing something that will kill the company, and you can not do much about it. [...]

]]> By: Sam http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/comment-page-1/#comment-16494 Sam Tue, 03 Mar 2009 02:42:05 +0000 http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/#comment-16494 It would seem to me that this rumbling undercurrent of changing paradigms and the pangs of distress that many economies are currently experiencing are symptomatic of a larger shift happening worldwide. In essence, I agree. I can hardly wait to see where we end up ten years from now, though I get the feeling that how we get there will be most interesting. The time is nigh for the RICH economy to take hold: http://www.deepleafproductions.com/wilsonlibrary/texts/raw-RICH.html It would seem to me that this rumbling undercurrent of changing paradigms and the pangs of distress that many economies are currently experiencing are symptomatic of a larger shift happening worldwide. In essence, I agree. I can hardly wait to see where we end up ten years from now, though I get the feeling that how we get there will be most interesting.

The time is nigh for the RICH economy to take hold: http://www.deepleafproductions.com/wilsonlibrary/texts/raw-RICH.html

]]> By: Roberto http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/comment-page-1/#comment-15972 Roberto Mon, 23 Feb 2009 21:41:00 +0000 http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/#comment-15972 I cannot agree more on the central idea of this blog entry. I am currenty 'stuck' working for one of these large companies that simply do not get it and whose future does not seem too bright. I believe that an important factor driving this resistance is the transfer of power between generations. This between our generation who was still growing up amidst the explosion of the Internet and the one represented by those holding the big traditional positions in big traditional companies. Their piles of cash and apparent market dominance seems to blind them. However I dream of a world full of ubiquitous smaller enterprises that adapt to the ever changing market conditions and where combustion agents are more genuine values than money and power. The question is when. I cannot agree more on the central idea of this blog entry. I am currenty ‘stuck’ working for one of these large companies that simply do not get it and whose future does not seem too bright. I believe that an important factor driving this resistance is the transfer of power between generations. This between our generation who was still growing up amidst the explosion of the Internet and the one represented by those holding the big traditional positions in big traditional companies. Their piles of cash and apparent market dominance seems to blind them. However I dream of a world full of ubiquitous smaller enterprises that adapt to the ever changing market conditions and where combustion agents are more genuine values than money and power. The question is when.

]]> By: Marc Tirel http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/comment-page-1/#comment-15878 Marc Tirel Sun, 22 Feb 2009 11:09:51 +0000 http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/#comment-15878 It's a crisis and a transition. It's a crisis for those, a large majority, that are still in the old paradigm, trying to solve it the old way. It's a transition for the minority that are really innovating But this minority will grow, it has to grow ! It’s a crisis and a transition.
It’s a crisis for those, a large majority, that are still in the old paradigm, trying to solve it the old way.
It’s a transition for the minority that are really innovating
But this minority will grow, it has to grow !

]]> By: Colin Henderson http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/comment-page-1/#comment-15852 Colin Henderson Sat, 21 Feb 2009 18:32:10 +0000 http://liftlab.com/think/laurent/2009/02/21/crisis-or-transition/#comment-15852 Laurent - I believe you are capturing perfectly what is happening in the world. It will be an unruly transition from the old banks driven economy to the new economy. As we move through the great unwinding of debt that has been accumulated in UK, US, and parts of Europe the deleveraging effect will be dramatic. The entire derivatives market is a big ponzi scheme that will cease to exist at the levels we have seen (300%+ of GDP) and that means less Assets and Liabilities in the world. Anything that is less for borrowers, has the equivalent reduction for investors too. What does the world look like with less money flowing is a basic question I have. What will the economic structure look like, is something that will affect everyone, and hopefully for the better. LIFT is doing the right thing imho by focussing on the world beyond todays panic. This is a terrific and intelligent post, and reflects well on where we are today. Wish I was there and best wishes to all. Laurent – I believe you are capturing perfectly what is happening in the world. It will be an unruly transition from the old banks driven economy to the new economy. As we move through the great unwinding of debt that has been accumulated in UK, US, and parts of Europe the deleveraging effect will be dramatic. The entire derivatives market is a big ponzi scheme that will cease to exist at the levels we have seen (300%+ of GDP) and that means less Assets and Liabilities in the world. Anything that is less for borrowers, has the equivalent reduction for investors too.

What does the world look like with less money flowing is a basic question I have. What will the economic structure look like, is something that will affect everyone, and hopefully for the better. LIFT is doing the right thing imho by focussing on the world beyond todays panic.

This is a terrific and intelligent post, and reflects well on where we are today.

Wish I was there and best wishes to all.

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