Episode 8: The Beauty of Being at a Critical Juncture

“We have reached a critical juncture–a place where we have to make a decision about what we want our future to be like.”

The beauty of being at a critical juncture in our region’s history is that it presents a starting point for evolution and change. It is a place where we take steps to alter the way our people perceive business, technology and change. Where we banish protectionism and open up our markets to competition. It is at a critical juncture that we incentivize innovation and eagerly press ahead with the process of creative destruction–a process that sees to it that archaic ideas are eliminated and replaced with new innovations that generate productivity gains. Herein lies the path to economic growth and prosperity.

We are at a critical juncture. Are we ready for the radical change needed to put us on the upward path of economic growth and prosperity, or are we content with romanticizing the past, asks our Then Let’s Fix It! host Collis Williams. Barbadian economist and millennial thought leader Simon Naitram shares his point of view.

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Visit Simon Naitram’s website and take a look at the following standout articles from his blog We Should All Be Economists:

  1. Creative Destruction - What can we learn about innovation from Wakanda?

  2. Protect Workers, Not Jobs - The path to an innovative worker-led future.

  3. What’s The Real Problem With Barbados? - A look at Barbados' fundamental economic challenges.

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