Monday, October 06, 2008

Harnessing the Power of the Creative Economy

With the collapse of the financial market, the creative economy becomes more vital for regions and cities to cultivate.

One of reasons we believe the creative economy/society is different from the industrial and agricultural economies is that it relies on a resource (creativity), that every single human being has. The question is whether our institutions and their leaders can provide mechanisms and devices that support the individual in exercising their creativity productively.
Policies must be put into place that value people over profit and reward work over wealth. This will help unleash the power of the creative economy, empower people, and revitalize local economies.

One thing that needs to be put into place is a national high speed internet policy.
Virtually every other advanced country has explicit proactive national broadband policies. We're the only country that doesn’t. I think the question is whether we have the political will to move beyond largely ideologically fights and bickering to get on with the task, which is to get faster broadband and get it to more places and more people.
A national high speed internet policy would increase productivity, make rural areas competitive in the global economy, and empower innovation.

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