Monday, 27 August 2018

Revolutionary Wealth: How It Will Be Created and How It Will Change Our Lives by Alvin and Heidi Toffler






Desire may reflect anything from a desperate need to be transitory want.  In either case, wealth is anything that satisfies the craving.



If the First Wave wealth system was chiefly based on growing things, and the Second Wave on making things, the Third Wave wealth system is increasingly based on serving, thinking, knowing and experiencing.



What most business, political and civil leaders have not yet clearly understood is a simple fact: An advanced economy needs an advanced society, for every economy is a product of the society in which it is embedded and is dependent on its key institutions. 



Today an estimated 8 percent of the human race -- roughly half a billion people -- travel across some national boundary in the course of a year.  This number is equal to the entire population of the earth in 1650.



Illegal drugs, for example, are a $400 billion business, according to the United Nations, and add up to about 8 percent of the world economy.



Few are aware that every time they use an ATM or a telephone they are relying on technology twelve thousand miles from Earth.



In each of us there is a crowded, invisible warehouse full of knowledge and its precursor data and information.  But unlike a warehouse, it is also a workshop in which -- or, more accurately, the electrochemicals in our brains -- continually shift, add, subtract, combine and rearrange numbers, symbols, words, images and memories combining them with emotions to form new thoughts.



As we move farther into the twenty-first century, and more societies develop economies based on ideas, culture and wealth-relevant knowledge, why we believe what we believe becomes more critical than ever.



Those who wish to blindfold or silence science would not merely shrink tomorrow's wealth and indirectly slow the alleviation of poverty but return humanity to the physical and mental poverty of the Dark Ages.



In 2001, our chances of dying in a hospital from a medical mistake or new infection were much greater than our chances of being killed while driving.



Today's main killers in the affluent nations are no longer communicable diseases like pneumonia, tuberculosis or influenza.  They are heart disease, lung cancer and other illnesses that are clearly affected by individual behavior. 



In a hurry-up economy every minute counts.



At one time, groceries were kept behind the counter and clerks retrieved them as requested.  Self-serve supermarkets were invented in 1916.



[In 1977] at that time there were, for all practical purposes, zero personal computers on the planet.  By the year 2003, however, there were 190 million in use in the United States alone.



Education should be more than occupational.



Until recent centuries, the overwhelming majority of our ancestors lived in a pre-market world.  Pockets of commerce existed, but most humans never bought or sold anything during their lives.