Make money doing the work you believe in

Happy 4th, everyone. Two hundred and fifty years — that’s a milestone that should feel triumphant, but somehow the mood this year is muted. Maybe that’s why my mind drifts back to the bicentennial fifty years ago, when the world felt very different depending on which side of the Iron Curtain you stood.

Back then, I was a chemistry student at the University of Warsaw, peering out at America from a distance that was more political than geographical. I dreamed of crossing the Atlantic someday — reaching the scientific “Mecca,” joining the real conversation in physics and chemistry, contributing something that mattered.

Meanwhile, Poland was under Edward Gierek, who kept assuring us that prosperity was just around the corner, powered by coal, steel, and slogans. Across the ocean, Gerald Ford was trying to steady the United States after Watergate and the economic shocks of the 1970s.

My own experience of that era was very different from Paul Krugman’s. Those two worlds could not have been more different. Poland lived on slogans; America lived on innovation. And yet, half a century later, the irony is that some of those old slogans seem to have migrated westward, repackaged for a new political era.

In 1976, Gierek proclaimed that Poland was “the tenth economic power in the world,” that the nation “stood on coal,” and that technology — meaning conveyor belts, excavators, and Western loans — would cure all social ailments. Meanwhile, in the United States, the HP 35 pocket scientific calculator quietly revolutionized engineering and science. In Poland, it was a mythical object: visible in catalogs, absent from stores. It symbolized the divide between societies that built the future and those that built narratives.

Today, fifty years later, history returns with a new layer of irony. In my view, contemporary American politics increasingly echoes Gierek’s “success communism”: grand promises, simple slogans, ideological fear mongering, and a system in which benefits flow primarily to a narrow elite.

From this perspective, Donald Trump presents technology as a miracle cure — cryptocurrencies to fix finance, quantum computers to solve civilization’s problems, and a return to coal to restore past glory. Critics note that this resembles the same opium Gierek sold half a century ago: technology as a distraction from structural issues.

Yet recent experience shows that technology is no magic remedy. AI in social media was supposed to bring people together; instead, it deepened divisions. Cryptocurrencies were supposed to democratize finance; instead, they became a playground for speculation. Quantum computers are supposed to solve problems we cannot yet properly define. This is not a Road Map — this is hype.

Real technology requires Road Maps: long term planning, persistence, iteration, research, and cooperation. Progress does not come from conference slogans or campaign promises. It comes from laboratories where teams spend years on a single problem. A good example is the first 0.7 nanometer transistor, built in IBM’s Swiss research labs. It is not the product of political declarations. It is the result of decades of work in materials science, lithography, and atomic scale control. This is real progress — the kind that changes the world without shouting from billboards.

And here lies the greatest irony of our time: while real technology demands global cooperation, open ecosystems, and free exchange of knowledge, isolationism becomes profoundly counterproductive. Closing informational, scientific, or economic borders does not accelerate innovation — it slows it. A 0.7 nm transistor would not have emerged in a world where laboratories cannot collaborate and scientists cannot share results.

The HP 35 had a greater impact on civilization than any political slogan about “economic greatness.” And tomorrow will be no different — real innovations, not declarations, will shape the future.

History teaches one lesson: technology is not a cure all. Sometimes it creates new diseases. And grand promises — regardless of era — always sound the same. From Gierek to today’s techno mirages.

And here is the danger.

Slogans are seductive. They offer simple answers to complex problems. They promise prosperity without sacrifice, progress without planning, and redemption without responsibility.

But slogans are also corrosive: they replace analysis with emotion, policy with spectacle, and long term strategy with short term applause.

Falling for slogans — whether in 1976 or 2026 — is dangerous because it blinds societies to the hard work real progress requires. It encourages magical thinking, undermines institutions, and elevates personalities over principles. And once a nation begins to mistake rhetoric for reality, it risks losing the very capacity to recognize truth at all.

That is the lesson of Gierek’s Poland.

And it is a warning for America at 250.

Bicentennial Memories
Jul 4
at
3:40 PM
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