valis on Sat, 28 Feb 1998 21:17:49 +0100 (MET) |
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<nettime> What hath Wired wrought? |
[Originally posted to a left academic list] What have we here? Welcome to Wired Reprints Special Offer! "The Long Boom," Wired 5.07 This is no ordinary economic boom. The world is in the early stages of an unprecedented global boom that will continue to surge and transform the planet in the next 25 years. Don't miss the opportunity to purchase color magazine reprints of the seminal Wired 5.07 cover story, "The Long Boom" co-written by Wired Managing Editor, Peter Leyden and Global Business Network Chair, Peter Schwartz. Limited quantities are currently available for US$5/per copy! Take advantage of this Special Offer now! "The Long Boom" Color Reprint US$5. Order below. New Wired E.prints! Reprints and E.prints Order Information From 5.07: "The Long Boom" Color Reprint US$5. Quantity: ____ ........................................... We have one happy spin-off of a major magazine's successful cover story, that being a demand for reprints being addre$$ed. Late last June, while most of you were either repairing your tissue in some remote bivouac or facing the frenzied pace of summer courses, Wired magazine was offering its own Y2K balm: The Long Boom, a Wired millennium of unending expansion and creativity for the whole world (save Africa, perhaps, which would continue to get a helping hand from its booming sister continents), with a doubling of the global economy every decade or so after ~2005. That's some fireworks for we poor superstitious natives; do we drop our culture and just scurry aboard with shameless alacrity? The July cover showed, against a background of sunny yellow, a happy globe (wearing our hemisphere to the front) chewing on a daisy-like flower. Beneath, in caps: We're Facing 25 Years Of Prosperity, Freedom, And A Better Environment For The Whole World. You Got A Problem With That? Likely this last bit was a rhetorical flourish unrelated to the problem of our sort with this splashy forecast, which is that we just don't buy it, but all prophets - no matter how daft - should have a day in court. The Long Boom runs about 15 pages of text and some feel-good graphics, but its most cogent part is a 4-page fold-out time line called The Future History Of The World, which covers 40 years, beginning with 1980. It is layered in five tracks of development, with Technology, at the bottom, and Globalization next, driving the others; in turn, these are New Economy, Social/Political and Civilization. The Technology track is itself divided into five sub-tracks. Computers and Telecommunications form a golden river of high-tech that debouches into the Globalization track just about now and into the next two in the following decade. This golden river culminates in the top track, bringing in "the beginning of a global civilization of civilizations" (including the Hopis and the Kalahari Bushmen?) roughly at 2018. I'm out of breath! Unsurprisingly, all this begins with the appearance of the IBM PC in 1981 and the brutal romps of Thatcher and Reagan on a different track. OK, you should not discern unalloyed levity here. There is indeed some food for thought, but not much tossed in for balance, for the 50-50 breaks that have persisted through all the race's big dreams since Plato. OTOH, the authors trouble us with little in the way of concrete utterances on the workings of the economy. Clearly it's understood that this boom is the very essence of the global free-for-all; they are indeed coextensive. Endlessly increasing creativity, productivity and weapons-grade wealth for everyone are promised, apparently because it would be nicer that way. However, the two penning Peters are not totally manic in their vision: they include a half-page rogues' gallery of 10 "scenario spoilers" that might cost us this land of lollipop trees in its early bloom. In one spoiler, the abandonment of fossil fuels and the application of biotech fail to halt environmental collapse and famine. In another, Europe's unification process decisively breaks down. Others feature the US and China in a new Cold War and a plague that kills about 200 million people. Two spoilers at least approach the economic dimension: "2. New technologies turn out to be a bust. They simply don't bring the expected productivity increases or the big economic boosts" and "8. Energy prices go through the roof. Convulsions in the Middle East disrupt the oil supply, and alternative energy sources fail to materialize." The authors did not expect or fancy the calculated savaging of the East Asian tigers that was only a few weeks in the future, nor does anything so basic as a world production glut cross their minds. They have simply given wings to their hopes, which lie in Capitalism Unchained. I have witnessed some impenetrable arguments on this list lately, and I can only wonder whether any of them could approach the public impact of this engaging fairy tale decanted from the greatest of geek magazines. Marxists seem to intend a polity populated exclusively by economists and political scientists, and although the fevered scope of identity politics today puts this well within possibility, I would rather see them put such fare as Wired's $5 Long Boom reprints firmly on the remainder table. valis --- # distributed via nettime-l : no commercial use without permission # <nettime> is a closed moderated mailinglist for net criticism, # collaborative text filtering and cultural politics of the nets # more info: majordomo@icf.de and "info nettime" in the msg body # URL: http://www.desk.nl/~nettime/ contact: nettime-owner@icf.de