Saturday 29 November 2008

Tell me, tell me, tell me.


"Tell me, tell me, tell me how you do that trick", started the song by The Cure. Nobody now will deny that we live in the age of information, but how is that information shaping the world?

In 1985 Daniel Patrick Moynihan, senator by New York was talking to his friend Scott Miller (from the Sawyer Miller political consulting company) and made a bold statement - Russia's time is over -. Remember these were Reagan and Brezhnev 80's, the cold war was at its peak, so this sentence was completely against common wisdom. But Moynihan reasoned that the future of economy was information, and Russia will only have two ways; stay out of the economy or stay out of the information. Staying out of information would cause economical chaos, letting in information would cause political chaos. We all know what happened to Russia, but the reasoning can still be applied to some other countries were chaos or changes are happening at the moment; North Korea, Zimbabwe... as examples of countries were locking information out has locked the economy or China as an example were important social changes are happening due to a better flow of information (in spite of the efforts of the government to control this information and these changes).

More than 20 years later history has proven that Moynihan was right, information may not only make us freer, but also wealthier, or the other way around.

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