The book stated that data, quite than capital, land, or labor, is the brand new foundation of wealth. The lessons of a completely post-capitalist society are anticipated to be divided into information workers or service workers, in distinction to the capitalists and proletarians of a capitalist society. In the e-book, Drucker estimated the transformation to submit-capitalism can be completed in 2010–2020. Drucker additionally argued for rethinking the idea of mental property by creating a universal licensing system. Consumers would subscribe for a value and producers would assume that every little thing is reproduced and freely distributed via social networks.
“The Role of Self-Interest and Competition in a Market Economy – The Economic Lowdown Podcast Series, Episode 3.” Accessed May 22, 2020. Capitalism andfascismboth permit private ownership of companies. Capitalism offers these owners free rein to supply goods and companies demanded by consumers. Fascism followsnationalism, requiring enterprise owners to put nationwide … Read More