The Great Ephemeralization of the U.S. Economy

 I’ve been doing some research on what our society is ‘spending money on’. I also follow GDP (and some other proposed economy measuring methods)… realizing GDP is a very strange measure of the US economy (using the Webster’s concept of ‘economy’ as how we manage our society).

This is an interesting article on GDP…and what is called ‘ephemeralization’ of the economy. It is a very important social concept. The article points out that soon less than 10% of ‘the economy’ will be agriculture and manufacturing.

http://timothyblee.com/2011/04/26/the-great-ephemeralization/

This says to me our use of money is rapidly losing meaning (and, therefore, value and knowledge education to younger generations)!…which is an enormous epistemological problem for our society.

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