The Toffler’s continue their series of books on the rise of the Third Wave, or knowledge economy, with Revolutionary Wealth. As with several of their other books, this one looks at the larger and deeper patterns affecting our economies and societies as certain parts of the world make the transition from the second wave (industrial) economic structure. The three deep fundamentals that most economists do not examine are said to be – time, space and knowledge. Changes in each of these are having profound effects on us. Even more so, we are seeing conflicts between first wave (agrarian) societies with second and third wave ones. In many countries, all three co-exist and tensions occur as each has fundamentally different values, priorities and institutional needs.
I thoroughly enjoyed this book which is bound to expand anyone’s perspectives on the state of the world. It is neither pessimistic nor optimistic. The discussions on energy use are a refreshing change from much of the hyperbole in the media and the few references to education are clear and succinct. “The coming clash will set defenders of our existing educational factories against a growing movement committed to replacing them – a movement comprising four key elements … Teachers … Parents … Students … Business.”
Probably the best audience for this book would be our politicians and corporate leaders, as it provides a good overview of the “big picture”, which is missed by many in these two groups.
Other books I would recommend.