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“Obsolescence”. Any idea what this means? Most people don’t… despite the fact that it is a very common phenomenon in our daily lives. So what is it??
Is it a medical condition, something scary, weird behaviour? Does it have to do with health, with technology or with economics? Do we need to worry about it? Does it affect our wellbeing? Mentally, physically, morally? Is it bad for our environment, for nature, for other living beings?
… Probably yes to all the above… we should definitely be aware of it!
The reference “Value@Venture” may need some explanation, so please allow me to clarify:
- “Value” – the term “value” is often seen as plain material/ financial value, but true value has much more to it. I see it from a moral perspective too. Values & norms are important. Adam Smith (the famous economist with his market theory “led by the invisible hand”), for example, not only wrote about the “Wealth of Nations”, but also about “Moral Sentiments”. Humans are value driven animals in the broadest sense of the word.