Shift happens
Pivots are uncomfortable. We are in the middle of a major paradigm shift away from the postwar model of economic and social policy. Tom Clark’s piece (“The economics of hope,” December), based on his interview with Carlota Perez, was inspiring. Perez moves from a simple critique of the old to engaging with some of the big contours of a new settlement. And as Thomas Kuhn said, transformation is driven by “the proliferation of competing articulations, the willingness to try anything, the expression of explicit discontent, the recourse to philosophy and to debate over fundamentals.”