Sometimes it can take an old model ...

 

'Sometimes it can take an old model, 
to build a new one, 
that makes the existing model obsolete.'

To borrow from Buckminster Fuller.                         

 
Resurgence & Ecologist, Sept/Oct 2020, Issue 322, p.33.

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2025

individual

|

INTERPERSONAL : SCIENCES

humanistic -------------------------------------------  mechanistic

SOCIOLOGY : POLITICAL

|

group-population

'This year’s prize relates to the explanations for sustained growth based on technological innovation. Economic historian Joel Mokyr is rewarded with one half of the prize for his description of the mecha­nisms that enable scientific breakthroughs and practical applications to enhance each other and create a self-generating process, leading to sustained economic growth. Because this is a process that challenges prevailing interests, he also demonstrates the importance of a society that is open to new ideas and permits change.' 'The other half of the prize is awarded to the economists Philippe Aghion and Peter Howitt. In a joint publica­tion from 1992, they constructed a mathematical model of how companies invest in improved pro­duction processes and new, better-quality prod­ucts, while the companies that previously had the best products are outcompeted. Growth arises through creative destruction. This process is creative because it builds upon innovation, but it is also destructive because older products become obsolete and lose their commercial value.'

'It is apparent that, in the long run, sustained growth does not only have positive consequences for human wellbeing. First, sustained growth is not synonymous with sustainable growth. Innovations can have significant negative side effects. Mokyr argues that such negative effects sometimes initiate processes that uncover solutions to problems, making technological development a self-correcting pro­cess. Clearly, however, this often requires well-designed policies, such as in the areas of climate change, pollution, antibiotic resistance, increasing inequality and the unsustainable use of natural resources.'

Source: https://www.nobelprize.org/prizes/economic-sciences/2025/popular-information/

Previously on W2tQ: 'Nobel prize' : 'socio-economics'

Law 'in' Hodges' model (Discuss?)

individual

|

INTERPERSONAL : SCIENCES

humanistic ----------------------------------------------- mechanistic

SOCIOLOGY : POLITICAL

|

group - population

	SUPPLY
DEMAND	unfair competition environmental   consumer protection competition

In demand and supply also consider this within the sociological and interpersonal domains in the context of COVID? 

If people 'behave' themselves*, i.e. do not 'raid' the shelves there will (should) be sufficient supply for all. 

In political terms, what happens when a government raises the prospect (the dichotomy) of supply chain problems and potential shortages?

The 4Ps are relevant here:

intra- interpersonal - PURPOSES

sciences - PROCESS (mechanistic)

sociology - PRACTICE (gone awry)

political - POLICY (discipline in communications)

*UK context - acknowledging the global audience.

 

Thanks to:

Malinauskaite, Jurgita, and Fatih Buğra Erdem. 2021. “Planned Obsolescence in the Context of a Holistic Legal Sphere and the Circular Economy.” Oxford Journal of Legal Studies 41 (3): 719–49. https://doi.org/10.1093/ojls/gqaa061.

See also:

Myers-Briggs 'in' Hodges' model (Discuss?) 

 

Hodges' model DoB = early 1980s. So it's obsolescent?

No Way!

The model is more relevant than ever...

individual

|

INTERPERSONAL : SCIENCES

humanistic --------------------------------------- mechanistic

SOCIOLOGY : POLITICAL

|

group

The 'discerning' customer

P PR PRI PRIN PRODUCE - PRODUCT chuck, drop, dump, bin. throw, fling, tip DISPOSABLE - DURABLE [left] 20% ink? How many ink cartridges do you need? How many blades...? ---------------------------- engineering

The discerning market?

"In passing the "Hamon Law," as it's known, in 2014, France became the first country in the world to open the door to sanctions for the widespread manufacturing practice of "planned obsolescence" - creating products pre-designed for failure at some point so that consumers will be enticed to replace them. Specifically, the legislation outlaws "the use of techniques whereby the person responsible for placing a product on the market deliberately aims to reduce its lifetime in order to increase the replacement rate." David Schrieberg

Forbes.com David Schrieberg - Landmark French Lawsuit Attacks Epson, HP, Canon And Brother For 'Planned Obsolescence'

Halte à l’Obsolescence Programmée (HOP)

My source: Sage, A. French have last word on printers, The Times, September 20, 2017, p.40-41.