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Revolutionary Wealth: How it will be created and how it will change our lives Paperback – June 12, 2007
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Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. --This text refers to an out of print or unavailable edition of this title.
Copyright © American Library Association. All rights reserved --This text refers to an out of print or unavailable edition of this title.
Top Customer Reviews
The TIME section of the book has some very interesting insights including the fact that anything that requires time, like filling in a form, or that adds time to a process through regulation, is in fact a TIME TAX that is more costly than an old money tax.
The Tofflers note that vice is globalizing faster than virtue. This is very important from a taxation and social goods perspective.
They spend a great deal of time discussing the intangible economy that consists of non-rival knowledge that can be shared and bartered; volunteer time that produces economy value (notably parents who teach their children sanitary habits, how to speak, and discipline or social IQ); and alternative forms of capital--social, moral, whatever. They point out that 60% of the value of the industrial era companies is intangible knowledge, while almost 100% of the new economy is intangible.
This entire book is an Information Operations reference. They discuss global battles to manage our minds in multiple domains--religious, cultural, economic, moral.Read more ›
Much of the book is devoted to illustrating how the "deep fundamentals" of time, space, and knowledge affect our lifestyles and economy, and how these are largely ignored or misrepresented by economists and decision-makers. The discussion is long, but well presented - except for one thing. This may not bother most readers, but I've never cared for the Tofflers' tinkering with the English language. They like to invent their own terms. Prominent ones in this book are "prosumer" (producer/consumer, a term they've been using since 1980) and "obsoledge" (obsolete knowledge). Also, when they mention "globalization" - already a mouthful at five syllables - they insist on calling it "re-globalization" to provide us with an unnecessary reminder that this phenomenon has occurred before. Some readers will find these word games distracting rather than helpful.Read more ›
Here a clarification is in order. Tofflers have benefitted enormously from overhyped PR from the press and publishers, and this book is no exception, but as with the other books, this one too fails to predict the future. I do not believe the Tofflers intended to do so, and if they did indeed seek to predict the future here, have failed to do so. In that sense, they may even appear to be misleading their readership for a quick new round of celebrity.
To be clearcut about it, coining phrases like prosumer, as they most famously did before, are reflective of a fertile mind that can fuse words and ideas, but scarcely evidence of analytical or predictive powers. This book too is full of excellent phrases and subtitles, ones worthy of the best copy-editor at the best advertising agency. That has then been taken by the publisher and turned into spin unworthy of the book.
That said, the book stands on its own, and stands tall. It is very accurate, especially the detail with which it grasps China, India, Finance, Poverty, etc. It is very well organized, especially if one is a busy executive. It is very rich with ideas, especially those culled from newspaper cuttings. So if one does not regularly read the papers or periodicals, this book would be very informative.Read more ›
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