In a world of abundance, scarcity evolves. While pre-internet scarcity was about a physically constrained, or otherwise limited, number of resources, post-internet scarcity is about separating signal from noise.
What Innis feared—as his biographer Alexander John Watson puts it—is that “our culture was becoming so saturated with new instantaneous media that there was no longer a hinterland to which refugee intellectuals could retreat to develop a new paradigm that would allow us to tackle the new problems we are facing.”
When culture and the subjects studied are inherently messy, esoteric, and subjective, it’s challenging to quantify and clearly tie financial value to cultural concepts and their relevance. While endlessly attractive and provocative, the philosophical nature of cultural analysis is futile unless it’s developed and delivered with a problem-solving mi... See more