By Manuel Hinds
Hinds takes bargains a clean viewpoint at the social, political, and monetary disturbances now affecting our international. This publication appears to be like at these disturbances now not as separate difficulties, yet particularly because the coherent signs of a deep technological revolution that's altering the form of society at the scale of the economic Revolution: the Connectivity Revolution, the foundation of the hot financial system. reading the resistance to alter that erupted violently based on that final significant fiscal upheaval, Hinds exhibits how Communism, Nazism, and fundamentalism owe their triumphs to not the superiority of poverty or oppression yet to the stress of societies threatened via profound social alterations triggered through fast technological development. Demonstrating that their tension used to be as a result of an analogous form of country intervention within the financial system that's now being proposed to prevent globalization, he argues persuasively that just a horizontal, versatile society can easily deal with swap in this sort of means that the discomfort of transformation—and for this reason, the danger of giving start to new forms of damaging regimes—is minimized.
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Additional info for The Triumph of the Flexible Society: The Connectivity Revolution and Resistance to Change
The innovations that gave birth to the Connectivity Revolution naturally lead to the creation of an economy where knowledge and coordination become the main sources of wealth. This is becoming evident in three dimensions of economic activity. First, the price of goods and services that contain more knowledge are going up relative to those that contain less of it, even if the cost of producing them physically is about the same. The prime example of this is the difference in the price of a blank diskette and that of one containing data or 14 The Triumph of the Flexible Society software.
Size is no longer a decisive advantage or a disadvantage. The Connectivity Revolution is a great equalizer. The possibility that these technologies open for both small and big ﬁrms to associate for accessing faraway markets or markets for goods and services they do not produce opens new dimensions of competition. Along with the possibility of selling directly to consumers through the Internet, it also opens the door to the international markets for ﬁrms in the developing countries. Contrary to what is so frequently said, connectivity and its associated globalization open more opportunities for the small companies in both developed and developing countries than for the multinationals.
Bigger is better to access world markets. Based on software, as imbedded in the knowledge of workers. Size is not relevant for that purpose. Access to managerial abilities, natural resources, and closeness to markets crucial for choosing location of production facilities. It concentrated industrial production in Almost everything can be produced almost anywhere in the world. countries with managerial abilities, splitting countries in accordance with abilities across the world, integrating the world economy.
The Triumph of the Flexible Society: The Connectivity Revolution and Resistance to Change by Manuel Hinds