I am not without hope.
At the very start of the global depression when the outlook for continued prosperity and peace is looking bleak, I believe that there are opportunities for change.
It is opportune that the depression has coincided with a global plague which has enabled most governments to revert to more directive, prophylactic action anticipating the future and persisting in tough policy moves ignoring the squeals of libertarians and the newly empowered.
We are coincidentally where the 3rd Industrial Revolution (3IR) is beginning to have impact. Some even call it the Fourth Industrial Revolution (Industry 4.0).
I have been reading and listening to Jeremy Rifkin on the above. This guy advises the European Union and China on a smart green 3IR economy.
Combined with the communications infrastructure necessary to connect all of humanity to these breakthroughs, the result is the potential for a truly global society.
If you are concerned about what may happen in future and how it can be brought about, watch Rifkin on youtube – I found him rivetting and easy to understand.
The technological revolution rewrites the material conditions of human existence and can reshape culture. It can play a role as a trigger of a chain of various and unpredictable changes
What distinguishes a technological revolution from a random collection of technology systems and justifies conceptualizing it as a revolution are two basic features:
1. The strong interconnectedness and interdependence of the participating systems in their technologies and markets.
2. The capacity to transform profoundly the rest of the economy (and eventually society).