The Great Diminishment

The consequence of our content-addicted culture is non-stop diversion from having to come to grips with the big questions of reality, of life. The American social scientist Herbert Simon wrote: “The wealth of information means a dearth of something else—a scarcity of whatever it is that information consumes. What information consumes is rather obvi... See more

There was a time when lowering costs improved quality of life—raising millions of people out of poverty all over the world. But in the last decade, cost-squeezing has led to very different results, and is increasingly linked to a collapse in the quality of products and services. Some people get richer from these cost efficiencies, and a larger grou... See more