21 Lessons for the 21st Century
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Started reading January 14, 2019
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The merger of infotech and biotech might soon push billions of humans out of the job market and undermine both liberty and equality. Big Data algorithms might create digital dictatorships in which all power is concentrated in the hands of a tiny elite while most people suffer not from exploitation but from something far worse—irrelevance.
Hemant Kadam
Liberalization is in danger
Chris Orton liked this
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The liberal story celebrates the value and power of liberty. It says that for thousands of years humankind lived under oppressive regimes that allowed people few political rights, economic opportunities, or personal liberties, and which heavily restricted the movements of individuals, ideas, and goods. But people fought for their freedom, and step by step, liberty gained ground.
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Democracy is based on Abraham Lincoln’s principle that “you can fool all the people some of the time, and some people all of the time, but you cannot fool all the people all the time.”
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Russia is one of the most unequal countries in the world, with 87 percent of wealth concentrated in the hands of the richest 10 percent of people.9
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In the last few decades research in areas such as neuroscience and behavioral economics allowed scientists to hack humans, and in particular to gain a much better understanding of how humans make decisions.
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In politics, liberalism believes that the voter knows best. It therefore upholds democratic elections. In economics, liberalism maintains that the customer is always right. It therefore hails free-market principles. In personal matters, liberalism encourages people to listen to themselves, be true to themselves, and follow their hearts—as long as they do not infringe on the liberties of others. This personal freedom is enshrined in human rights.