Developers as Capital

I’ve just been reading this Forbes article called “The Rise of Developeronomics”. The author argues that because increasingly software is the core value proposition that differentiates companies from each other, that software developers are more and more becoming the wealth creators in society. The author recommends investing in software developers as a way of leveraging your own capital. This article builds on an earlier article by David Kirpatick called “Now Every Company is a Software Company”.

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Race Against The Machine

I just finished reading the Kindle book Race Against The Machine, a book I thoroughly recommend. This was the driver of the NPR article I blogged about recently.
The book is mostly oriented towards the US, although the issues they discuss seem to be prevalent across all major economies. The authors make the case that technological improvements are severely impacting every job market except those for highly-skilled individuals.

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Of Gaps and Grass-Eaters

Are the American people obsolete? Salon argues that because of globalisation and technology there is now a increased separation between capital and labour. The activities that generate wealth have both been outsourced to cheaper shores, and become more efficient because of technology. As a consequence the social contract in Western society between rich and poor – the rich provide the capital while the poor provide the labour – is breaking down. The rich still have capital, but they can now move the production of goods to the East, creating a shortage of jobs in the West.

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Grayclaves and Henry the Lion

I read two articles on a similar theme this morning. Firstly there was Scott Adams’ post Startup Country, about creating a small, elite, light-weight country inside another country and using it to bootstrap the economy of the larger country. Secondly I read The Politically Incorrect Guide to Ending Poverty, published by The Atlantic. This article actually talks about Paul Romer’s ideas on “Charter Cities” – a city governed by it’s own charter, rather than national laws. According to The Atlantic, this idea goes back to the 12th century with Heny the Lion and the idea of Imperial Free Cities.

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