If successful innovation in nature comes from repurposing existing things to new functions, then we need to have as many “existing things” as possible.
All in Malaysia
If successful innovation in nature comes from repurposing existing things to new functions, then we need to have as many “existing things” as possible.
In any case, the Covid-19 pandemic has shone a light on many of our society’s strengths and, if we are to be honest with ourselves, society’s weaknesses as well.
A CRISIS OF SUCH MAGNITUDE IS BOUND TO HAVE SOME DEEP-LASTING CONSEQUENCES TO SOCIETAL BEHAVIOUR. THIS IMPACTS OUR CULTURES AND NORMS, WHICH THEN IMPACTS THE WAY OUR COLLECTIVE BRAIN FUNCTIONS.
“YOU CAN’T EVER WIN BUT THE FIGHT IS WORTH FIGHTING.” SIMILARLY, THE STRUGGLE FOR A MALAYSIA THAT WE CAN BE PROUD OF IS A NEVER-ENDING ONE. OVERCOME ONE CHALLENGE AND THERE WILL BE ANOTHER HILL AHEAD.
All this is important as we embark on the new wave of economic policymaking. Either go big or stay home.
Culture clearly matters and, unfortunately, culture is something that is super difficult to change overnight, especially a culture of tradition.
Are we prepared to handle the inevitable social fallout from greater automation, as well as the difficult decisions arising from creative destruction?
The choice of what economic activities to pursue – and therefore, what things to export – is the domain of Industrial Policy.
Approaches to tackling inequality need to take into account the larger picture of national development. We cannot miss the forest for the trees.
After 61 years of institutional, cultural, economic, societal and political path dependence, surely there was going to be a J-curve for the new government.
What if the outcome most preferred by the median voter is a poor outcome? Say, Brexit.