Liquid Modernity / by Nick Ierodiaconou

Our liquid modernity is quickly starting to comprehend the downside effect of fluidity - Turbulence at a global scale.The credit fueled capitalisation of our socio-economic model is quickly deleveraging -leaving behind the glittering delerict relics of a misformed spatial-economic infrastructure - empty shops, ghost town high streets, empty offices, repossessed and empty homes.

This is just the beginning; we have witnessed the contraction of credit - now we shall witness its affects on the real economy - as we are forced to give up our illusionary 'lifestyle' and live within our true affordance. This will imply a radical reformation of our cities, towns and villages - requiring three primary shifts

1] Cultural shift - where our individual aspirational fulfillment is no longer a by-product of consumption but of civic leadership and public value agency. 2] Affordance shift - where capital refocuses upon use value & affordance and innovation is focused upon their optimisation. 3] We shift - where liquidity is reborn through the aggregation of micro collective investment and the distinction between consumer, producer and investor becomes increasingly blurred.

The aggregation of these three reformative behaviors - we believe forms the basis of a whole productive new socio-economy and the transformative re-organisation of our cities, towns and neighbourhoods.