The definition of Skill-estate
Looking back through my archive for an item on credentialism, found this item. Not the point I was looking for, but this is the best definition of SKILL-ESTATE.

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Skill-estate is an old concept. Guilds developed to protect it. Guilds descended into unions, which then descended into mobocracy. Before this mafiation, guilds and guild-like unions maintained a strict chain of title on skills. Master rented to apprentice; apprentice paid his journeyman mortgage and gained full ownership as master.

We have some remnants of skill-estate, quickly losing legitimacy because they've neglected the importance of the skill itself. Uber vs taxis is purely a skill-estate question. Pro taxi drivers had a level of knowledge and ACCOUNTABILITY that Uber has refused to replicate. We forget this and treat the problem as purely monetary, a question of Market Efficiency. Nope, that's a false flag.

Innovative Disruptors constantly seek to break into skill-estate, vandalizing and burglarizing licensed professions from various angles. Offshoring, immigrant labor, robots. The licensers lack a proper defense because they've let the skill-estate deteriorate into pure money or pure credentialism.

When real-estate loses its basic purpose as A PLACE TO LIVE, it turns into pure GPS coordinates. Fancy neighborhoods in Frisco or Vancouver or London have succumbed to this craziness, becoming nothing more than bonds defined by latitude and longitude. No soul left, which means the abstract value is always ready to tumble.

When skill-estate loses its basic purpose as a WAY TO CREATE, it turns into pure paper credentials. College degrees, taxi medallions. The skill-soul is gone, so the abstract value can be pumped and popped by external factors.

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Labels: skill-estate

  ¶ 1:09 AM