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Andrew Keen
Andrew Keen is the author of the book, Cult of the Amateur: How the Internet is killing our culture. The book has been published in twelve languages and was short-listed for the 2008 Higham’s Business Technology Book of the Year award. He writes a column about new media for The Independent.
In his provocative 2003 book, The Future of Freedom, Newsweek editor and CNN host Fareed Zakaria argues that the 20th century was defined by what he calls two "broad trends":
1) The regulation of capitalism
2) The deregulation of democracy
Both these trends, Zakaria, argues, "overreached". by the 1970's, he argues, capitalism was regulated to such an extent that the free market was taxed, licensed, controlled and nationalized to death. Thus governments spend the last quarter of the 20th century "deregulating industries, privatizing companies, and lowering tariffs." In contrast, Zakaria says, democracy has moved in the "opposite direction" to capitalism. Quoting John Dewey's ironic remark that the "cure for the ailments of democracy is more democracy", he suggests that the "deregulation of democracy has gone too far." And that's why, Zakaria says, most Americans hate their politicians and why "public respect for politics and political systems in every advanced democracy is at an all-time low."
( Read more... )
1) The regulation of capitalism
2) The deregulation of democracy
Both these trends, Zakaria, argues, "overreached". by the 1970's, he argues, capitalism was regulated to such an extent that the free market was taxed, licensed, controlled and nationalized to death. Thus governments spend the last quarter of the 20th century "deregulating industries, privatizing companies, and lowering tariffs." In contrast, Zakaria says, democracy has moved in the "opposite direction" to capitalism. Quoting John Dewey's ironic remark that the "cure for the ailments of democracy is more democracy", he suggests that the "deregulation of democracy has gone too far." And that's why, Zakaria says, most Americans hate their politicians and why "public respect for politics and political systems in every advanced democracy is at an all-time low."
( Read more... )
