Barry Schwartz talks about how we stopped being wise. People more and more follow rules, which allow them to stop thinking.
He describes few features of wise person who:
knows when and how to make exception to every rule
knows how to improvise
knows how to use moral skills in the pursuit of the right aims
is made, not born
I have just remembered Ritzer and his McDonaldization of society theory. I think that it is very important to think critically and not just blindly follow any given rule. It is just sad that many people do not know how to be human these times. I would like to see honesty and kindness in everybody.
Until now I was just listening to stupid information about recession from the media. Nobody who had clue or give serious proposal came across. Media are just repeating one another, same and same again. Today I came across first realistic view of the recession cause and proposal at the same time. Duncan Bannatyne, Scottish entrepreneur and Dragon’s Den investor has probably more clue than most of others.
He believes that the problem was caused by the banks lending to each other. They borrow from each other and instead of it, they give each other security packages, which are less of the value than what the borrowing was.
He aligned it to supermarkets. If the supermarkets were lending each other fruit and vegetables and one was in trouble, they all would be in trouble at the same time.
The solution would be to stop banks letting each other, instead borrowing money from the central bank. If such self contained bank went bust, the rest could buy pickings. Same way as when a supermarket goes bust.
This woul also decrease money wasting across the system - people that take bonuses from moving same money around the system. Eventually there could be much more money available for the business or individuals in need of credit.
