The Decade of Failed Revolutions

Another decade has come to an end, and yes, I have realized that a bit too late. Therefore, I decided to come up with a theory on why the previous 10-years should have drastically changed the world, yet we have come to another year of stagnation and even higher expectations.

Before I get to the direct formulation of the idea of the missed revolutions, let’s recap the previous decade. For that, we need to imagine ourselves in the post-crisis time of the wild 2010. Back then the world was slowly recovering after the “globalization” crisis of 2008, the word “Bitcoin” was almost unknown to the large public, people enjoyed their iPhones 3GS and Skyrim did not even exist. It was a start not of a new decade but a new era: people had great expectations on how technology is going to change the world, how economic systems will come up with new transparent policies to boost global trade and development and how governments will fight against the rise of monopolies.

Why was that a good start? Well, we had loads of chances to bring the change in almost every sphere of our lives: economic, social, political and technological; people were expecting that the change just has to come and that it has to bring something absolutely new. Moreover, the early 2010s just had to do it, because the decade prior to that has shown that in the new, “digitalized” world, old processes have to be switched to the new practices. It meant that the companies have to become more transparent in their operations, they should be striving for change; that meant that the old political powers had to come up with new directives to address the rising risks of another crisis as well as adopt technological advantages to fight against existing problems. It is important to notice, how closely tied the economics, politics and technological development have become in the early 2010s. We were surrounded by enormous opportunities, that later we refused to use.

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