5/12/2017 4 Comments
With all of the talk about the uber rich hording all of the money in the world, let me provide some context. Another kind of wealth is emerging that is less about money and more about quality of life and taking advantage of the efficiencies offered by emerging technologies. If you drill down, you'll find most people really just want the resources to meet their obligations and take care of their families, which leads to peace of mind. This is the promise of the Fourth Industrial Revolution/World Shift, but only if we see it. The danger we face is if we become entrained into thinking true wealth really is still about money, materialism and possessions. Here are five developments that are challenging that 400 year old concept.
Power in Numbers. If the definition of true wealth is holding power, then a new day is dawning. The overall message of the new technologies is that connectedness, Democracy and participation is immensely more adaptable and creates more power than being separated. If we lean into this, we'll start to see that a connected environment is really about systems that work better, last longer and empower more people. The command and control model of management is notorious for it's waste and exposure to corruption, while a more connected structure brings more resources, flexibility, ideas and possibilities to the table. The Fourth Industrial Revolution/World Shift now provides us with tools to fully actualize the potential of full engagement governance. From energy grids to cooperative food gardens, people in a connected environment can create levels of effectiveness and power we've never seen before. https://insight.kellogg.northwestern.edu/article/which_government_is_best
Experience over Ownership.The trend to reduce debt bondage and focus on the experience over ownership has caught hold in the US and other parts of the world. http://adage.com/article/digitalnext/consumers-experiences-things/299994/ Less "ownership" debt means wealthier people.
Food for Everyone. The biggest challenge over the past 400 years of human activity has been the introduction of the Scarcity Model (I have it, you don't, so now you'll have to pay me for it, or I will keep it from you). Over the next few years the great challenge will be to create an economic system that corresponds with the new reality of food abundance for everyone. The technologies have provided resources for every community to become it's own food source.http://www.marketwatch.com/story/economics-in-the-age-of-abundance-2016-02-02
More Leisure Time. It used to be that only people with lots of money had time to relax, think about life, study the arts and travel. Everyone else was "a working stiff". The emerging job automation crisis has finally given us a reason to give up a machine model of work, as introduced to us during the Industrial Revolution. With more time on our hands, we'll be able to indulge in the same things the monied rich do, although a lot of this will be determined our response to fewer jobs.
Access To Information. Access to information used to be the tool that created caste systems in a society. Rich people had the information. Everyone else did not. Now, access to that information is available to most people -- including if you want an elite school education. It's all available online through Massive Open Online Courses.
This re-definition of wealth is being driven not by ideology, but by the technology that keeps saying one thing --- we can do better than this.
LEAD Global Community
Our partner, The Democracy Commitment, is looking for volunteers to help them forward the principles of Democracy in communities around the US and the world. If you have time on your hands and looking for work that has meaning, write to firstname.lastname@example.org and put "democracy' in the subject line.
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Chet W. Sisk is an author and one of the world's leading Social Futurists. He is also expert on the current world paradigm shift. Find out more about him and the LEAD Global Team at www.leadtheshift.com or you can write him directly at firstname.lastname@example.org