Sublime

But even if it were true that concentrating power in the hands of owners is good for economic growth, we have to balance this against the loss of control for employees, which in turn can lead to poorer working conditions and less interesting jobs.

At the end of the day, too many potentially highly productive individuals are underutilized, to their detriment and to the loss of society as a whole.

The theme of this book is the new revolution of power which is liberating individuals at the expense of the twentieth-century nation-state.

Globalization Means Substitution

denizen

An intense and even violent nationalist reaction centered among those who lose status, income, and power when what they consider to be their “ordinary life” is disrupted by political devolution and new market arrangements. Among the features of this reaction: suspicion of and opposition to globalization, free trade, “foreign” ownership and penetrat

there were very few useful designs suggesting how we might amplify the virtues of the internet and contain its likely vices.

Poverty and unemployment become individual failings rather than unwanted features of the economy.