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To: OLDTRADER who wrote (132637)6/14/1999 11:04:00 AM
From: edamo  Read Replies (2) | Respond to of 176387
 
wb....sad isn't it when we live in a society that has a "fear of prosperity".........what has changed since the growth days of the fifties....only "boogymen" then were the communists.....maybe we need a new "enemy" to rally against....as walt kelly, creator of pogo possum aptly put it...

we have met the enemy and they are us....

thanks as always your "salty" wisdom....ed a.



To: OLDTRADER who wrote (132637)6/14/1999 11:11:00 AM
From: Jill  Respond to of 176387
 
Nice article from the Atlantic: The new rules for individuals, companies, and nations
by Lester C. Thurow

(The online version of this article appears in four parts. Click here to go to parts two, three, and four.)

THE old foundations of success are gone. For all of human history the source of success has been controlling natural resources -- land, gold, oil. Suddenly the answer is "knowledge." The king of the knowledge economy, Bill Gates, owns no land, no gold or oil, no industrial processes. How does one use knowledge to build wealth? How do societies have to be reorganized to generate a wealth-enhancing knowledge environment? How do they incubate the entrepreneurs necessary to bring about change and create wealth? What skills are needed? The knowledge-based economy is asking new questions, giving new answers, and developing new rules for success.

theatlantic.com