So? Where to go from there?
I think the best place to start is the Darien Project.
The Darien Adventure was the single most influential event in Scottish history. Possibly hyperbole but a case that I can argue with conviction.
Had they succeeded in establishing a trade route across the isthmus of Panama much of Scotland's subsequent economic history might have been substantially different.
As it was, their spectacular failure led to an economic union with England that created unprecedented levels of growth and wealth in Scotland.
It was the energy and drive of the Scots that fueled the success and growth of the British Empire. William Patterson's other great brain-child, the Bank of England, re-invigorated the British economy and made her the great naval power that dominated the subsequent century.
What we need now, in these times of supposed 'austerity', is a project. Some great venture that will create wealth in all levels of society just from it's own momentum. A venture that is prudently conceived so as to reduce the probability of its failure but so massive that its momentum will confer great benefits to future generations even should it pass too close to the Sun.
(A unrelated thought occurs here, it is difficult and imprudent to tax the wealthy. They don't want to be taxed and have the means to do something about it. The success of the Bank of England clearly demonstrates that the wealthy are far more willing to loan money to the State than gift it.
Given that the wealthy are disinclined to pay tax and will waste economic resources fighting efforts to impose it upon them why bother making the attempt?
But that's another post so I better finish this one so I can get on with that one.)
So the Darien Project is that massive venture. A construction project on such a scale as to take the breath away. Whole new technologies will have to be invented, whole new manufacturing techniques, new precision automation equipment, spin-off industries that on their own would be a massive economic benefit to Scotland but that put together will create a pocket super-economy that will dominate on a global scale.
It is choosing to think big for a change.
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