Five ideas that will reshape Capitalism’s next century
October 11, 2022 | 5:38 pm
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THE GREAT KNOWLEDGE-WORKER CULL
First, they came for the agricultural workers. Then they came for the industrial workers. Now they are coming for the knowledge workers
THE RISE OF THE TRILLION-DOLLAR TRUST FUND BABY
In the next decade or so we will see the birth of a new kind of baby: trillion-dollar trust fund babies who are destined to inherit fortunes that are bigger than the GDPs of small countries or the stock-market valuations of large companies.
THE NEXT FRONTIER OF COMPETITIVE ADVANTAGE: GENETICS
The West has understandably remained nervous about exploiting the potential of genetic science since the horrors of the Holocaust. That is likely to change in the coming decades — indeed genetic science may be for the next 40 years what computer science was for the past 40 years.
THE NEW ROAD TO SERFDOM
The great clarion call of market societies is freedom: freedom to exchange the fruits of our labor in the marketplace for goods and freedom to express our views in the marketplace of ideas. Yet there is a growing risk that we are losing our freedoms not only to a new generation of intellectual censors but to watchers who monitor our every move.
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I couldn’t find the fifth idea.
But the first one is stunning.
If I was a “knowledge worker”, then I’d be very concerened.