Dr. John Psarouthakis, Executive Editor of www.BusinessThinker.com, and Founder and former CEO, JP Industries, Inc., a Fortune 500 industrial corporation
Certain actions described in the laws of physics are not the only indelible forces in our world. Many powerful genies cannot be put back in the bottle. “Irreversible” is a descriptor of immense power, something I first pondered scientifically in an MIT physics class. It’s a concept—a fact—that lays the foundation for all economic, industrial, political, or social discussions. One could fairly say that my book published 5 years ago, see reference at the end of this article, is about how best to cope with irreversible changes that we can’t put back in the bottle, even if we wish we could. In the end it is also about a grave danger I see for the free-market economy and innovative, self-reliant national mindset that has made the United States the world’s destination of choice. In that light, we begin by discussing our era’s two great, and irreversible, socioeconomic drivers: technology and globalization.
The opening chapter clearly illustrates the futility and counter-productivity that result from trying to persevere with obsolete methods or obsolete equipment or by shutting ourselves off from worldwide competition. The discussion includes anecdotes of personal experience in building my own synergistic, competitive company. Bottom line of this article: The only path toward rescuing and sustaining America’s imperiled global competitiveness is to acknowledge irreversible change, and to seek out and exploit those elements of change that can be made into a positive.
Stated plainly, that sounds logical and even woefully obvious. Human nature, however, means citizens (and, when spineless or ideologically gridlocked, the politicians elected) have always tried to reject change that includes inconvenience, let alone pain.
Yes, as we have hemorrhage jobs, it would be nice if America’s iconic electronic device, iPhone, were made by American workers. But we can’t waste money or time fighting losing battles against irreversible tides. We must identify winnable battles, and go win them. Free-market capitalism has always, hands-down, been the best mechanism for finding those winning battles. Instead of killing that goose, even if it currently is laying somewhat tarnished eggs, let’s nurse it back to health.
“The Technology Imperative: What Jobs! Jobs! Jobs! Really Means in the 21st Century”. John Psarouthakis, Gavdos Press, 2012.
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