[My idea of the world in a decade]
Can anybody please tell me a story on this topic
Answers
Explanation:
Claire Vaye Watkins’ searing, Nevada-set debut collection—which includes a sixty-page novella that takes place during the 1848 Gold Rush and a dazzling, devastating opening tale in which Watkins audaciously blends fiction, local history, and myth with the story of father’s involvement in the Manson Family during the late ’60s—is as starkly beautiful, as lonesome and sinister and death-haunted, as the desert frontier through which its stories roam. There’s an enviable fearlessness to Watkins’ writing, a refusal to look away from the despair that lies within the hearts of her lost and weary characters, to give them tidy trajectories or tidy resolutions. Her landscapes are exquisitely drawn, full of lush sensory detailing and characters stalked by the sorrows and violence of their pasts, the parched desperation of their presents. In one particularly aching story, a man finds a bundle of letters amid the strewn wreckage of a car crash, and proceeds to carry on a therapeutic, and increasingly revealing, one-sided correspondence with their owner, onto whom he superimposes the identity of a desperate neighbor he killed decades previous. In his reverie he remembers how nature marked the season it happened: “Late that Spring, a swarm of grasshoppers moved though Beatty on their way to the alfalfa fields down south. They were thick and fierce, rolling like a thunderstorm in your head.” It’s remarkable to come across a debut collection in which the voice, the vision, is so fully formed, so assured, but that’s what Watkins has achieved with this exceptional work. –Dan Sheehan, Book Marks Editor
An edited transcript of the comic story follows-
Wharton Business Daily: Why did you write this book?
Mauro Guillen: Everyone sees change everywhere, and I think it’s important to figure out where are we going to be five to 10 years from now. How are consumer markets going to look? It’s extremely important for businesses and also for individuals – as investors, as savers and more generally as citizens – to figure out what the future’s going to look like.
Wharton Business Daily: What role has the pandemic played in that change?
Guillen: The pandemic essentially has two different effects, depending on the trend. One is to accelerate and to intensify some things. For example, consider population aging. Inevitably in a recession, we have fewer babies. The mere postponement of having babies accelerates population aging, so problems related to Social Security and pensions will arrive earlier. Other types of trends get delayed, or even reversed, by something like this. One of them will be the growth of cities, especially in Europe and in the U.S.
Wharton Business Daily: North America, Europe and Asia have been vital in the last several decades, but you talk about other areas of the world picking up and having a larger impact in the years ahead.
Guillen: I am very bullish on sub-Saharan Africa because of their demographic dynamism, and because the biggest cities in Africa are growing and creating an expanding middle class. Now, only maybe 15% of the sub-Saharan African population is middle class. But that proportion is growing. That will change the world, because Africa will soon become the second most populous region in the world.
Coming Shifts in Technology
Wharton Business Daily: What significant changes do you see in terms of technology?
Guillen: As a result of the pandemic, technology adoption has been progressing much faster, out of necessity. We’ve been confined to the home, students cannot attend school and so on and so forth. But we also need to watch carefully the new incentives for automation, especially in the service sector, that this public health crisis creates.
We’re going to see more automation. We’re going to see, unfortunately, more technological unemployment. Many other jobs have been lost in the American economy. I don’t think they’re coming back. We’re going to have to think very carefully in political terms and in social terms about the implications of further automation, especially in the service sector.
Wharton Business Daily: Would the increased emphasis on automation also influence policymaking and education?
Guillen: Yes. In terms of policy making, we have to figure out how to retrain people and how to help those people find other jobs. We may have to consider very seriously ideas such as a universal basic income, which you have discussed on your show on several occasions. This used to be a fringe idea, but it’s quickly becoming more mainstream.
Wharton Business Daily: We’ve seen a little bit of that here in the U.S. with the $1,200 stimulus checks that were part of a $2.2 trillion package of coronavirus relief measures. But what you’re talking about concerns how governments look out for their citizenry, correct?
Guillen: Exactly. It’s not just about being nice to people, which I think we should be. But universal basic income also has a business case. Remember, two-thirds of the American economy is [made up of household] consumption. If people don’t have jobs or don’t have well-paying jobs, then we need to compensate for that.
Wharton Business Daily: You also focus on how currencies may change. To a degree, we’ve already seen that with bitcoin.
Guillen: Yes, we need to seriously consider how entrepreneurs can come up with new ideas as to what cryptocurrencies, or to be more precise, crypto tokens, will be used for.