[lbo-talk] [marxism-thaxis] The Financial Times on big data in China

[Cox, Carrol]

"> The second is how innovative such an economy could ever hope to be. It is hard for consumers to signal a data demand for a product that does not yet exist. In some respects, it would be like trying to drive into the future by staring into the rear-view mirror."

The whole question is more complicated than what follows, but :

1) What difference does it make whether an economy is innovative? 

2) Recipes for the cook shops are intellectually destructive unless recognized as merely a device for seeing the present. As serious visions of the future they are absolutely corrupting.

Carrol