There are a number of influential people who see the days of our current form of capitalism ending sooner or later. What the economy of the future is, how it works, or even how it should be called are still pretty much open questions. Due to the lack of a consensus on what the next economic system looks like, I’ll tentatively call it “Next Level Economy”, or NLE for short (I’m tempted to geek out and call it “E++”, but no, I won’t use that term unless you all think it’s a really good idea).
I’m assuming that we will handle economics in the NLE a bit differently from how we handle them now. So, people will need to adapt to something different. People will need to learn that the new way of doing things is better than the old way of doing things. That will take a lot of time and effort. Such a big change won’t happen instantaneously. It will be a gradual transformation.
Now let’s assume that we from Fractal Future somehow manage to figure out how the NLE would actually work best. What then? How would we go about convincing the rest of the world that if they actually listened to us, and implemented our ideas, they would be better of? What’s the most effective way to deploy a new economic system? That’s after all a big … societal task. Who has enough influence to initiate such a transition to the NLE? Politicians? Billionaires? Bankers? Economists? Celebrities? Best seller authors? Movie makers? Entrepreneurs? It might be interesting to rank those groups according to their societal influence when it comes to changing the way that society operates in reality. I know, this is terribly hard to quantify, but it’s an interesting research subject in any case.
I guess that when it comes to upgrading the economic system that economists might potentially be regarded as rather influential. Is that assumption correct? Do other influencers really listen to economists, or do they just do what they want to do anyway and just pretend to listen to the economists who happen to share the views they already hold? Do corporations and billionaires “buy” the economists who speak in their favour (and use them as lobbyists)? Is that how real decisions get made today? Are more “idealistic” economists ignored?
It would be nice, if I got answers to these questions, because I’m considering becoming an economist in order to be better able to figure out and implement the NLE. If my more cynical concerns turn out to be true, this might not be the best course of action.