28 March 2018

Quote of the Day

People are still trying to blame Donald Trump’s surprise 2016 electoral victory on something, anything—other than America’s degenerate politics and a political class that has presided over a stunning national decline.
Yasha Levine
5 of the past 6 elections have been about change, and how those in power have failed us, 2006, 2008, 2010, 2014, and 1016.

The thing is, as Mr. Levine notes, those who have profited from the failed conventional wisdom have no interest in changing things, "The keepers of conventional wisdom all insist in one way or another that Trump won because something novel and unique happened; that something had to have gone horribly wrong. And if you’re able to identify and isolate this something and get rid of it, everything will go back to normal—back to status quo, when everything was good."

This is why we are seeing people grasp at "Black Swans", Putin, Facebook, fake news, etc.

If there is meaningful change, those in power will lose to some degree, and they do not want to see that, ever.

Here is a good rule of thumb, if you have a seemingly intractable problem, the conventional wisdom is ALWAYS wrong.

If the conventional wisdom were right, then the problem would not be intractable.

In fact it would have already been solved.

1 comments :

Mr Simon McCloy said...

Very true.

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