From Ashes to Rebirth – A Post-Competitive Economy

​In my opinion, the problem comes from letting company decisions be taken in the interests of shareholders by hired gun managers with short time horizons. By destroying the tyranny of captive Boards and Group - managers measure their success in profits, not growth and innovation, their goal is to build a new system of cooperative, non-competitive behavior driven by growth metric; employment, wage equality, new investments in solutions for global problems. By eliminating the metric of profits alone from the equation and reorganizing these companies into global keritsu-like companies linked in common purpose they see the private sector sharing fully with government responsibilities for managing economies.
 
Of course what I wrote in The Phoenix Year and how it turns out may not square with the world we have post-Brexit, but the themes of the failure of private companies to see the larger picture and to work together to make the whole larger than the sum of the parts are the same themes that British voters explored with their Brexit votes for radical change in the old order. The fact that any simple solution – get out of Europe, British jobs for British workers only, make Britain Great or Trumps themes of xenophobia, American supremacy and America First (damn the rest of the world) — will always have unintended consequences, and make the cost of leaping into the unknown so great and so worrisome. No one knows the economic fall-out from Brexit for the United Kingdom or the world, but what we do know is that keeping with the status quo will no longer work either – even if the UK stays in Europe, Europe itself must see this as a wake-up call for elites everywhere that the forgotten little people need more than, as Thomas Malthus once said, “his crust of bread.”
 
Globalization by itself is not the problem, it may well be the only viable solution today, but globalization that works for everyone – rich and poor alike – is the real goal and the one that the wealthy men in my novel were trying to attain. It is time to search for real solutions rather than simple palliatives like tax cuts or more regulations. The solution likes in a new economic paradigm; one less wedded to pure market based solutions and the assumption that individual or corporate self-interest alone is the best solution. A cooperative, post-competitive economy is what we will ultimately have to achieve if we are to meet the needs of the billions of poor and middle class without destroying the planet in the process.
 
Dr. David L. Blond works as a private economic consultant specializing in quantitative analysis of economic data. He began his career working for the United Nations in Geneva, Switzerland. During the period of 1978 – 1985, he was a Senior Economist in the Office of the Secretary of Defense in Washington, and after leaving that position worked for various major global economic forecasting and consulting firms in senior positions developing some of the largest and most complex global economic models ever developed for use by private sector clients. He lives between Washington and Santa Fe, New Mexico. www.davidlblond.com @davidblond2000
 
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