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To: D PARKER who wrote (15810)	4/17/1999 10:08:00 PM
From: Patricia Trinchero	Read Replies (1) \| Respond to of 40688

All PNLK longs are doing more than listening to the music........we're dancing to the beat! ( With smiles on our faces ) PatT.com

To: D PARKER who wrote (15810)	4/17/1999 10:25:00 PM
From: Stan	Respond to of 40688

Dave, I agree with you that JWK has well articulated this paradigm. The speed of light has been harnessed by man and the world has shrunk accordingly. BTW, I'd like to get a copy of that book, The Roaring 2000's by Harry Dent, but I don't live near a bookstore and I don't have a catalog. I guess I'll have to wait until Monday to drive the 12 miles to one I know and see if they carry it. Oh well, I'm stuck until then. No, wait! I'll just. . . Stan

To: D PARKER who wrote (15810)	4/18/1999 11:15:00 AM
From: jwk	Read Replies (1) \| Respond to of 40688

Dave -- Thanks. A couple of other books which make for interesting reading on this general topic are 1990's "Powershift" by Alvin Toffler. ët's the third in a series which statrted with "Futureshock" in 1970 followed by "The Third Wave" in 1980. We now have the luxury of reading Toffler's 1990 analysis in "Powershift" with a ten year perspective. I think he did a heck of a job. Quickly: "Future Shock" explored the premise that in the world of 1970 the rate of change had accelerated to a pace where new change was happening before indiviuals and institutions had a chance to accomodate and adjust to previous changes. As a result, people and institutions were beginning to exhibit characteristics of shock in their behavior and decisions. "The Third Wave" picked up on that theme in 1980 and developed the idea that the catalyst and engine driving this accelerating rate of change was digital technology. He used a loose metaphor from surfing about the third wave in a set being the biggest, and said that the first wave was the emergence of agriculture, domestication of animals, and settled village life at the dating back to the Bronze Age and earlier. The Second wave started in the 1700's with the development of large scale commercial manufacutring and all it entailed which gave birth to the industrial revolution. He felt that the emergence digital technolgy was the end of the industrial model of society and economics and was creating a new order based upon A SHIFT IN THE FUNDAMENTAL NATURE OF POWER. Power has always been based on a mix of three elements: Force, Wealth, Knowledge with power and wealth up until now always having the upper hand. Power based on those two elements has certain characteristics in its nature and relm of use. BUT, with the advent and rapid (explosive) growth of digital technologies, POWER BASED ON KNOWLEDGE was gaining the upper hand. It is fundamentally different from the other form of power and as such, the basic nature of power has shifted -- Powershift. PNLK is a direct result of the changes he described over ten years ago. The other book was put out by Kipplinger around 1987. Ironically enough for that year, it was titled "The New American Boom." It seems to have escaped my bookshelf, but it basically said that we were poised to benefit tremondously from efficiencies which had been being put in place during the last twenty years, and the greatest spurt in wealth in the history of mankind was at hand.