Beyond The Knowledge Economy

Why It’s Failing And What Is Needed Instead

In the 1960’s, Peter Drucker was credited for coining “The Knowledge Economy”.

The Idea behind it was that Economies were shifting and beginning to favor jobs that required Knowledge.

The Accumulation of Knowledge would contribute to Scientific and Technical Innovations.

Whoever had the Knowledge would Rise to the Top of the Economy.

Employees with the Most Knowledge would Rise to the Top.

Businesses with the Most Knowledge would Rise to the Top.

Governments with the Most Knowledge would Rise to the Top.

In many ways, this has led to Amazing Developments and Turned out to be Accurate.

Those with the Most Knowledge “Did” Rise to the Top.

For a long time, Knowledge “Has” Defined the Game.

However, there are a few Interesting Things we are beginning to See when it comes to the Knowledge Economy.

The first is that there appears to be an Equalization of Knowledge around the World.

Countries, Businesses, and People who were considered “Behind” are beginning to Catch Up.