For 500 years the West patented six killer applications that set it apart. The first to download them was Japan. Over the last century, one Asian country after another has downloaded these killer apps- competition, modern science, the rule of law and private property rights, modern medicine, the consumer society and the work ethic. Those six things are the secret sauce of Western civilization.
Interpretation
The quote emphasizes the key elements that have contributed to Western civilization's success and highlights how these elements have been adopted by other nations.
Niall Ferguson's quote illustrates how six fundamental 'killer applications' such as competition, the rule of law, and modern science have historically defined Western civilization. He points out that Japan and other Asian countries have adopted these principles, allowing them to thrive economically and socially, thus showing that these ideas are essential for progress and prosperity.
In practice
Discussing the elements of successful societies in a classroom setting.
It's all very well for us to sit here in the west with our high incomes and cushy lives, and say it's immoral to violate the sovereignty of another state. But if the effect of that is to bring people in that country economic and political freedom, to raise their standard of living, to increase their life expectancy, then don't rule it out.
If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.
Civilisation is partly about restraining the male of the species from engaging in the violence of the hunter-gatherer period. But it doesn't take an awful lot to unleash it.
The West may collapse very suddenly. Complex civilizations do that, because they operate, most of the time, on the edge of chaos.
Over time, the welfare state has become dysfunctional in a surprising way. But in a way it became a victim of its own success: It became so successful at prolonging life, that it becomes financially unsustainable, unless you make major changes to things like retirement ages.
Today, the average Korean works a thousand hours more a year than the average German. A thousand. ... That is the end of the Great Divergence.
Economic theorists, like French chefs in regard to food, have developed stylized models whose ingredients are limited by some unwritten rules. Just as traditional French cooking does not use seaweed or raw fish, so neoclassical models do not make assumptions derived from psychology, anthropology, or sociology. I disagree with any rules that limit the nature of the ingredients in economic models.
The world will never be long without some good reason to hate the unhappy; their real faults are immediately detected; and if those are not sufficient to sink them into infamy, an individual weight of calumny will be super-added.
We have no need of other worlds. We need mirrors. We don't know what to do with other worlds. A single world, our own, suffices us; but we can't accept it for what it is.
I feel like I could be likened to an old hound circling on a rug for the last five years.
Evolution isn't just a story about where we came from. It's an epic at the center of life itself. Far from robbing our lives of meaning, it instills an appreciation for the beautiful, enduring, and ultimately triumphant fabric of life that covers our planet. Understanding that doesn't demean human life - it enhances it.
I would argue that nothing gives life more purpose than the realization that every moment of consciousness is a precious and fragile gift.
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