 Knowledge Trumps All, or the Role of Wisdom, Know-how and SkillsGrzegorz W. Kolodko
Chapter 12 in Whither the World: The Political Economy of the Future, 2014, pp 337-360 from Palgrave Macmillan Abstract: Abstract There is a saying that to push forward you should use a trick rather than force. So what is this trick when it comes to reaching out for the future? It’s wisdom, knowledge and skills. And so we have made it to the issue of knowledge-based economy and society, the tenth Great Issue for the Future. It’s a unique conglomerate, which may help overcome many other difficulties, especially since in the future knowledge will not only be viewed as an instrument to acquire money but also as its equivalent. More and more people will increasingly prefer ever greater knowledge over ever greater money. This is a natural long-term consequence of societies continuing to get richer. And as nations get richer, their values change. The importance of material goods is in relative decline, while the prestige of non-material values, also those that money can’t buy, is rising. Keywords: Gross Domestic Product; Political Economy; National Income; Direct Democracy; Chief Information Officer (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47025-6_5 Ordering information: This item can be ordered from Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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