The Middle Class Is Dead. Long Live the Long Tail Class

A networked, creative economy cannot produce a normal distribution of income. Our focus should shift to providing a minimum-viable lifestyle to a growing long-tail class. Cities have a critical role to play in that process.

 
Economists and policymakers aspire to bring back the 20th Century. They seek a world with a broad middle class where standardized education produces standardized employees who fit into clearly-structured organizations and produce linear output through consistent effort.

But the 20th Century is never coming back. A networked economy cannot produce a middle class. A creative economy does not reward standardized skills. Linear input is no longer sufficient to produce valuable output.

A growing number of professions are becoming scalable. From software engineers to fitness instructors, a small minority can service a large group of customers. Even in occupations where time remains a constraint, having a global reach means matching with the people who are willing to pay the most for your services at any given moment.

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Πηγή: drorpoleg.com