‘Economic Idiocy‘ is an interestingly downbeat post by a generally upbeat personality. It is interesting not just from the current context of the big failure being faced by the US economy. More interesting, in my opinion, was his questioning the intellect of the collective – of the masses. He has managed to pinpoint the exact issue with a decentralised system, it just takes a small critical mass to cause a wave and not all waves are necessarily well thought out or even healthy in the long run. At the same time the other end of the spectrum is to live in a gilded cage of a centralised system. I have often thought about these things. However the way Scoble put it out there and the fact that ‘he’ did (I did not expect such a cynical view from blogosphere’s and disrptive media’s biggest fanboy) – made me link him here for the 2-3 people who visit me.
P.S: Normally you would find my favourite Scoble’s posts in my shared links. You can also find the latest posts there in my sidebar.