“There are so many societies in which the elite made decisions that were good for themselves in the short run and ruined themselves and societies in the long run. For example, the most advanced society in the New World before Columbus was the Maya of the Yucatan Peninsula, Guatemala and Honduras. They ended up collapsing …. because of a combination of climate change, drought, water management problems, soil erosion, deforestation….So the Mayan kings had strong power.
Why didn’t the Mayan kings just look out the windows of the Palaces and see the forests getting chopped down, soil being eroded down at the valley bottom. Why didn’t the kings say `stop it’? Well the kings had managed to insulate themselves from the consequences of their actions – in the short run. Even while the forests were being chopped down, they were still being fed well by the commoners, they were in their wonderful palaces. And the kings didn’t recognize that they were making a mess until it was too late, when the commoners rose in revolt.
Similarly, in the United States at present, the policies being pursued by too many wealthy people and decision makers are ones that — as in the case of the Mayan kings — preserve their interests in the short run but are disastrous in the long run.”
Sunday, June 19, 2011
Jared Diamond: Thoughts on Managing Change