Revolutionary Wealth significantly expands on the Third Wave. As in the older volume, the book argues that institutions—public, private, and social—left over from an era of mass production are unsuited to a new civilization being built throughout the world. Only now, further detail is provided on what will constitute the Third Wave society. Deep Fundamentals[ edit ] Toffler looks at the many ways the " Third Wave " is revolutionizing our relationships to three "deep fundamentals" and, therefore, to wealth systems in general.
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Can anyone tell you about the future? Maybe Alvin Toffler, the author, can do. Highly Recommended. However, it does contain some interesting - and still applicable - ideas.
Chief among these is the need for a new approach to education. Unfortunately, next to zero innovation has happened in the intervening years.
We still teach kids and even University Students to memorize facts, instead of giving them to the tools to learn HOW to think. And the most terrifying example of this is the backwards system of education we saddle our children with. Obviously, this is probably the most accurate prediction in the book. Overall, if you an avid futurist, this book is bound to be a bit of a disappointment.
Given its timing and its message, it was one of the books that set the direction of my education and career, and one of the few Ive read multiple times. Now I read their Revolutionary Wealth thinking, or hoping, that this would describe wealth generation as we move farther into the third wave the information economy. The Tofflers write like they always do, short chapters with leading questions going into the next.
But in this case, I found a lot repetitive, both within the book and compared to their earlier books. I was also a bit disappointed with the content given the title. The book did a good job assembling its facts but does a poor job remaining objective. It is very clear in its opinion that people who choose to farm for a living are "backward. This book is very optimistic The whole book in summary: Things are rapidly changing, and all change is good.
This book is very optimistic about the future and praises all the scientific advancements of today and tomorrow. We have poverty, shootings, wars, corruption, poor education, drugs, teen pregnancy, pollution, an increasingly chronically sick population, extreme income inequality, fossil fuels running out, a Texas-sized garbage patch in the middle of the ocean, epidemics of obesity, autism, diabetes, etc.
Instead of inventing fancy new unnecessary junk, we should be trying to solve the problems of our world that should be even easier to solve. The book also acts like the wonderful "third wave" of wealth service economy, developed countries, computerized is the fate of every country as each country continues to develop and become more westernized.
Farming was the first wave, and industrialism was the second wave. But the "developed countries" cannot survive without some other country farming their food and manufacturing their products.
In order to keep our selfish third wave way of life, other countries have to remain undeveloped and poor to feed our endless consumerism.
Example of this biased optimism about the future: A family eating together used to be the norm. That was so rigid and prisonlike. Nowadays "schedules are so individualized. China used to be filled with "extreme peasant misery"! At least the peasants could eat what they grew. China is guilty of many humans rights abuses, and still we trade with them.
The book criticizes people who glorify pre-industrial villages--"conveniently forgetting the lack of privacy, the sexism, and the narrow-minded local tyrants and bigots so often found in real villages.
Many say our president is a tyrant. And is privacy really so much better here? How about leaving distant villages alone and let them manage their own affairs? The only reason developed nations like ours want to "globalize" is to exploit more cheap labor and natural resources from their land. Seems to ignore the fact that the Internet is usually not used for gathering information, but for stupid stuff like sharing personal photos and looking at porn and exchanging pointless text messages.
And those kind of jobs require sooo much more knowledge than factory work or farming? IQ is dropping. Yeah, but what about all the younger people who are supposed to go to school to learn things?! The book discounts philosophical wisdom from Aristotle and Plato, just because they believed in unrelated incorrect "facts" of their day. The book is about revolutionary wealth--knowledge.
The only kind of knowledge I see making people rich is the knowledge to manipulate others to believe lies. Such as: your government and corporations have your best interest at heart. When the reality is all they care about is money. Geniuses are not rewarded for their intelligence unless they invent some product to profit off of. No one cares about the knowledge of the inner workings of a grain of rice--unless that knowledge can get you thousands of dollars when you sell it. So this "revolutionary wealth" is no different than any wealth of the past.
In the past, people sold their food, then they sold their factory created things. The people of the future will still be buying food and junk, so someone will still get getting rich off that, while poor people do all the hard work. The authors imply that all science is good because it increases wealth.
Like it is so terrible for science to be "paralyzed. At what point will humanity ever be satisfied with our way of life? We should be trying to improve our existing lives with good health instead of seeking to prolong it with organ transplants and such.
Science may one day find how to live forever, but the more important question is, should we? Technology is getting smarter, but people are getting dumber. Exploring a grain of rice is not helping society. GMO foods are not helping society. Science is corrupt. It only gets funding if big profits are on the horizon. Data is manipulated. Unsafe things are put on the market without sufficient testing.
People blindly trust science as if its the very same thing as an authority figure or consensus knowledge. The authors think GMO food is going to solve poverty. As long as people have to BUY their food, there will always be poor people. There is no lack of food. GMO food has health risks. They are never tested in longterm studies. GMO food is invented so farmers can spray more poisons on the crops.
Those poisons kill pollinators and harm humans as well. People would be better off being farmers. They may make no money but at least they would be fed by their produce!
Not much use for money when you can live off the land. They want everyone to be a slave to the money, working for a boss, to enrich the ones at the top. Give a man a fish food , and you feed him for a day. Teach him to fish grow food and you feed him for a lifetime. The book thinks its so great that scientists are going to put vitamins and vaccines into food to prevent things like vitamin a deficency and diarrehea.
How about just improving sanitation and the cleanliness of wherever they get their water? The book is wrong about society becoming more individualized. As long as the majority of kids attend public school, most people will turn out the same. You basically have a choice between Coke or Pepsi. Just a few companies own everything. The "revolutionary wealth" is the actions people take without pay prosumption.
The book says prosumption will somehow generate a bunch of real wealth money. Like self-help products. While they can make someone money, they will never be encouraged by government, because the health care industry wants people to continue seeing regular doctors, who require insurance, so that doctors and insurance companies can keep making money. Sometimes people get lucky and their hobby can be sold for real money.
But once it gets sold for real money, it is no longer prosumption but producing. Prosumption is not a new phenomenon. As long as humans have existed, they have created things or done things without pay. When societies began using money, people then started selling their prosumption and it became producing.
The authors say that capitalism is dying just because people share bought stuff for free. The item still cost someone money. But there is no wealth without capitalism. I doubt the authors would be happy if all the hard work they put into this long book got them no money in return. The authors later say, "the number and variety of buyable items available for purchase around the world is astronomical and growing every minute. The book says that outsourcing has a positive effect because the foreign "well-paid" workers use their wages to buy American brand stuff.
That helps U. So outsourcing is only good for the companies, not American workers.