The Aspen Idea


What the eighth annual Aspen Ideas Festival can mean for a world badly in need of new thinking

There's nothing like a prolonged economic crisis to afford the American businessperson some time to rethink what it's all about. For the past several years, all kinds of people have emerged to tell the corporate leaders of this country that mindless pursuit of maximum profit is not all there is to running a company. From Umair Haque to Paul Hawken to every devotee of the triple bottom line or social entrepreneurship, many varieties of gurus want to usher in a new era of American business that's adds meaning to work.

Notes from the Aspen Ideas Festival -- See full coverage

All of our modern day gurus are about 50 years behind Walter and Elizabeth Paepcke, the promoters of modern Aspen, and the would-be civilizers of America's post-war executives. In 1949, they celebrated an era of humanistic business with a 20-day festival on Goethe and went on to found The Aspen Institute, The Aspen Music Festival and School, and the International Design Conference in Aspen.

Without the Paepckes, there would be no Aspen Ideas Festival, which kicked off its eighth edition here in the Roaring Fork valley. The Paepckes' seemingly quaint notions of progress and cultivation of the mind have never seemed more necessary than in a political and economic environment of divisiveness, uncertainty, and turmoil. Supercapitalism, and the massive lobbying efforts it necessitates, is now the rule of the land, which means that there is a genuine purpose to educating the successful profiteers.

"It's been said that the average American businessman is so busy with the urgent that he never has time for the important," Walter Paepcke told CBS News in 1955. "He runs a good business, but he has a little bit of trouble deciding what are the important things in life, what he believes in, and why he believes it."

What separates Paepcke from cynics like myself is that he believed that listening to good music, seeing great art, and thinking about life might make the world a better place. He believed you could grow good people by putting them in the right soil, at least every once in a while. 

Today, in the Ideas Festival's opening session, Aspen Institute chief Walter Isaacson delivered a plea to return to our country's founding principle of balance. Not the false balance of thinking truth lies precisely between the most extreme two positions, but the real balance of weighing different values against another to find just the right configuration to advance society.


In the post-post-modern world, it's easy to snicker at calls to make the world a better place, whether they come from sustainability advocates or dedicated humanists. But who really wins if no one believes that our nation's leaders, corporate and otherwise, can be better than the worst we can imagine about them? What good does it do to assume no compromise will ever be struck and no bargain can ever work out for all sides?

Aspen is now famous as a place of unimaginable wealth, but in my third year of attending the Ideas Festival, I like to think that this city can be more than its multimillion-dollar mansions. Aspen can be the place that drew the love of Walter Paepcke and Hunter S. Thompson; it can be a place where wild, powerful ideas can meet stalwart dedication. The Aspen Ideas Festival can help its participants grow and maybe, if we're all lucky, provoke some positive change in the world beyond the river valley, where it's sorely needed.

Jump to comments
Presented by

Alexis C. Madrigal

Alexis Madrigal is the deputy editor of He's the author of Powering the Dream: The History and Promise of Green Technology. More

The New York Observer has called Madrigal "for all intents and purposes, the perfect modern reporter." He co-founded Longshot magazine, a high-speed media experiment that garnered attention from The New York Times, The Wall Street Journal, and the BBC. While at, he built Wired Science into one of the most popular blogs in the world. The site was nominated for best magazine blog by the MPA and best science website in the 2009 Webby Awards. He also co-founded Haiti ReWired, a groundbreaking community dedicated to the discussion of technology, infrastructure, and the future of Haiti.

He's spoken at Stanford, CalTech, Berkeley, SXSW, E3, and the National Renewable Energy Laboratory, and his writing was anthologized in Best Technology Writing 2010 (Yale University Press).

Madrigal is a visiting scholar at the University of California at Berkeley's Office for the History of Science and Technology. Born in Mexico City, he grew up in the exurbs north of Portland, Oregon, and now lives in Oakland.

Get Today's Top Stories in Your Inbox (preview)

A Technicolor Time-Lapse of Alaska's Northern Lights

The beauty of aurora borealis, as seen from America's last frontier

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus


What Do You Wish You Learned in College?

Ivy League academics reveal their undergrad regrets


Famous Movies, Reimagined

From Apocalypse Now to The Lord of the Rings, this clever video puts a new spin on Hollywood's greatest hits.


What Is a City?

Cities are like nothing else on Earth.


CrossFit Versus Yoga: Choose a Side

How a workout becomes a social identity


In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.



More in National

Just In