Tuesday, June 29, 2021

Open Architecture

Adam Smith’s big insight was that win-win (the wealth of nations) beats win-lose (nations fighting). Open-Architecture, breaking down walls, and opening roads, can be frightening in a world where wealth is built in containers. You can’t tell someone who isn’t relaxed to relax. They need to start feeling it in their bones. They need to breathe.

In pure-play meritocracy, only the best would win. In reality, we all need to eat. So friction allows us to talk our own book. There are 7.9 Billion people on the planet. Very few are “the best”. Particularly in the early stages of setting yourself up, while you are living hand-to-mouth, relaxing is a challenge.

If you don’t have the capital and confidence to believe you can adapt and adjust as problems change. Walls are built because of fear. As fear subsides you get a trust premium. You release all the wasted resources we put into worrying, guarding, fighting, and defending. 

Berlin


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