4 Oct 2002 (updated 4 Oct 2002 at 16:09 UTC) »
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Another item covers the topic of labor and the harmonization of wages across economies.Drucker argues, for instance, that the same forces that put paid to Marxism as an ideology and Communism as a social system are making capitalism obsolete as well. In other words, knowledge (not labor, land, or other forms of capital) has become the planet's primary resource. The emergence of so-called ``knowledge workers'' able to put their specialized learning and/or competencies to use, he says, suggests that employees now own ``the means of production.'' Although the author concludes that markets will remain the effective integrators of economic activity, he believes that the implications of the ongoing shift will prove increasingly significant for the management of commercial enterprises and other key institutions. The same holds true for what Drucker designates ``the post-capitalist polity,'' in which transnational, regional, nation-state, even tribal structures compete and coexist. As concerned with prescription as description, the author doesn't shy away from calls to action that could make the unstable new world he envisions more productive and peaceable. He advocates, for example, the encouraging of environments that permit corporations to focus on their core responsibilities via partnerships or alliances, and the nurturing of autonomous nonprofit organizations that will restore the bonds of community as well as deliver grass-roots services. [ 1 ]
Another worth linking is the topic about intangibles.While a bonanza for corporate mercantilists, that "harmonization of labor costs among nations" is, for the simple reason that is wages will continue to drop as prices continue to rise, a disaster for developed countries labor. [ 2 ]
Flash CloneThis story illustrates one of the transformations our economy is undergoing. Value is no longer created solely or even primarily by the corporate behemoths of the industrial era. People and their ideas are the most significant drivers of wealth creation in today's global economy. The personal computer, the mobile phone, and the Internet have given every individual with access to electricity and a telephone line the ability to create products, services, and markets. While the dot.com bubble may have fueled false hopes about the illusion of easy money, an important underlying trend remains: Traditional measures of success tied to such factors as assets, number of employees, and other standards of size or quantity may, in fact, signal weakness rather than strength. Whether one works for an Internet start-up or a Fortune 500 corporation, today's success depends more on innovation, adaptability, and creative talent than asset base or current revenue stream. As a result, an entirely new way of collecting information and forecasting results is necessary. [ 3 ]
30 Sep 2002 (updated 30 Sep 2002 at 15:50 UTC) »
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A blastocyst is nothing more than a collection of undifferentiated cells with human DNA. It is not a ``human being'' by any standard. It is a collection of microscopic cells in a Petri dish. To ascribe it the moral stature of a human would be to misunderstand the very definition of humanity. These blastocysts are in fact private property, just as frozen embryos produced by a couple using in vitro fertilization are property. They cannot possess legal rights in the United States. [ 1 ]
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