We didn't realize we were no longer living in an industrial economy for about 20 years, from the early 1950s to the early '70s. When we finally figured out the old economy had exited, we didn't know what to call the new one. Postindustrial? Service? Shopping and gathering? Information won the title.
Get ready for deja vu all over again. Like everything else, all economies have beginnings and endings, and we can already see the end of this one a few decades hence. Economies end not because they peter out but because a challenger supplants them. That's what will happen around...
To continue reading:
or
Log-In