Sublime

My view is that such a cooperative model (call it a union, a guild, or a federation) is bound to rise in the future as the most effective way to empower workers in the Entrepreneurial Age. But a paradigm shift is needed in terms of what the goals are and what kind of methods and tools should be used by those trade unions of the Entrepreneurial Age.

Technology democratizes consumption but consolidates production. The best person in the world at anything gets to do it for everyone.

Another future is a return to a pre-20th century paradigm, outlined by forecasters like French economist Thomas Piketty. Piketty’s premise is that before the 20th century, the rate of return on capital almost always exceeded the rate of economic growth; wealth grows faster than the economy; the rich get richer and the poor get poorer.

If every country depended upon foreign suppliers and customers, the web of mutual dependence would be too strong to break.