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Here’s what I propose. In the 21st century, we flip Bloom’s taxonomy. Rather than starting with knowledge, we start with creating, and eventually discern the knowledge that we need from it.
"Based on these findings, Peterson recommends junking the "elite culture-mass culture" distinction in favor of an "omnivore-univore" distinction. There is indeed a significant difference in the cultural tastes of high-status and low-status people; but it doesn't correspond to the elite-mass distinction previously postulated."
# Make the move from hierarchies to networks once and for all.
# Make the cultural shift from silos and knowledge hoarding to openness and knowledge sharing.
# Move from slow, random learning to a systemized approach for fast learning.
# Become fixated on systemic improvements rather than point solutions.
# Move from saying, "That'll never work here," to "Let's find a way to make it work."
Benabou shows how groupthink can spread even if individuals are rational. Let’s say your boss and a few of his associates get a damn fool idea ... What do you do?
You could speak up. But the costs of this might be high; even if don’t get sacked, you might be ostracised in various subtle ways, and even if you don’t you risk feeling foolish during the time - which could be many months - in which your warnings seem not to be vindicated. And the benefits of speaking up are small. You’ll not change corporate strategy or win friends in high places.
in list: Economic Crisis
Neither Hayek nor Keynes considered that possibility (more than markets and hierarchies, that is, not more than one God) but that is what the theory of plural rationality, also called cultural theory, does. After all, why should there be just two ways of organising if, as economists and political scientists have long argued, there are four kinds of goods: private, public, common-pool and club
Series of posts about 'cultural theory of risk' and organizations/business.
Can the economic crisis be traced to large, hierarchical institutions that are dysfunctional in an open, networked environment?
in list: Economic Crisis
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