A Manifesto for the Next Industrial Revolution - Umair Haque - The Diigo Meta page

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  Organize the world's hunger.
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  umair haque Revolution

  • Organize the world's hunger.
     Organize the world’s energy.
     Organize the world’s thirst.
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  Adam Crowe

  "How do we begin reorganizing the industrial economy? By using markets, networks, and communities to alter the way resources are managed: to weave a fabric of incentives for sustainable growth and authentic value creation into the economy... "

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• 18 Jun 08
  

  Takuya Homma

  umm, i understood the basic, but didn't quite get how he thinks these can be really achieved. is he a visionary and trying to change people's mindset about industry by advocating these things?

  Revolution 7　△ Important

  • 21st century capitalism needs a revolution. How does growth happen – from a strategic point of view? The great Joseph Schumpeter argued that growth happens through a process of creative destruction. There’s a simpler word for that: turbulence.

      

  • If that’s 21st century capitalism – maybe it’s time for a revolution. One where the price of a dynamic economy isn't relentless damage to everything and everyone else.

      

  • Growth is in the DNA. So how do we begin rethinking economic growth? With the understanding that technology alone isn’t enough – and in fact, it’s not the harder part of sustainable growth.

      

  • The real problem is that the industrial economy is riddled with incentives to rip your head off, sell you lemons, maximize so-called “profit” at all costs, and exert power against you – not for you. That’s why it seems that pain, suffering, and value destruction are deeply embedded in the very DNA of our rusting, industrial-era economic system itself.

      

  • Google utilized a market - AdWords - to utterly eviscerate a stale, broken media value chain. Here's a more visceral example. Muhammad Yunus revolutionized finance - not by collecting more money to lend, but by using communities to fundamentally alter the value equation of lending to the poor. The result was industry transformation.

      

  • The revolution needs revolutionaries. Today’s investors, boardrooms and entrepreneurs are looking for value in all the wrong places. Facebook's game of musical chairs won't solve big economic problems - and neither will making token investments in greentech.

      

  • If you're a startup, and your elevator pitch isn’t shaped by this blueprint; if you're an investor, and your portfolio isn't full of companies like this; if you’re a corporate boardroom, and you're not refocusing and restructuring to meet these new challenges – here’s the bottom line: the next industrial revolution has your name written all over it.

      

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  Michel Bauwens

  How do we begin reorganizing the industrial economy? By using markets, networks, and communities to alter the way resources are managed: to weave a fabric of incentives for sustainable growth and authentic value creation into the economy

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