Cheers to the revolution!

by Stefan Hyttfors on February 19, 2011

Industrial era capitalism was (is) all about creating imbalances. To dominate.
Exploit resources instead of renew them, block competition instead of share a mission, focus on financial rather than meaningful (to society) payoffs.
Undercount costs and overcount benefits.

Just by questioning the good old recipe for how to ”make it”, you’ll think I’m arguing against capitalism. I’m not.

Capitalism has no challengers. Like democracy, it’s the worst sort of system except for all the others – and that’s exactly why we all have a stake in making it better. - Umair Haque

Sure, companies will go on and be ”smart”; Chase costs and outsource to cheaper labor, create strategy and advanced tax planning, broadcast propaganda and meaningless messages.
To build their palace even greater, at the expense of others.

But the crowd outside is demanding balance and just like old dictators of the Middle East, business dominators who fail to respond, will collapse.
Simply because the crowd won’t buy it – as in not BUY from that company anymore.

Apple, Google and Facebook are by all means dominators… But even though they often act like old dictators they don’t think like them. They have visions, about more than money. They believe in making stuff that truly matter, to others than shareholders. And they know the force is going outside in, never the opposite. They believe in change.

Just like Obama, who obviously think Steve, Eric and Mark are among key players in his quest for American competitiveness.

The picture of the US president making a toast with innovators Jobs, Schmidt & Zuckerberg is symbolic for the new business paradigm. Companies who make people better off will win.

This is the revolution of the western world. Our revolution!

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  • http://eriklindahl.se Erik Lindahl

    Interesting, Stefan. One could wish, like Ronnestam said at SSMX yesterday, that our government would see the potential in our new swedish digital companies, and do the same as Obama.
    However, when reading up on for example the policy of Facebook, one doesn’t feel very secure at all. Another example of this is if you try to ask Facebook questions, when you’re helping a company with a campaign on Facebook. The standard answer is (has been until now at least): “Well, if you put in 30 000 dollars in Facebook advertising, we’ll help you with whatever you want”…. That doesn’t support anyone but the old, global industry in my eyes.

    • http://hyttfors.com/ Stefan Hyttfors

      Agree with you Erik, FB has a lot o problems just like any big corporation. “Don’t be evil” – easy to say but hard to follow… My point though, the power goes outside in and bad guys will loose :)

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