Author Topic: Demise of Finance, Rise of Knowledge  (Read 744 times)

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Demise of Finance, Rise of Knowledge
« on: February 14, 2015, 02:33:37 AM »
The following is an excerpt of an article on the rising knowledge economy.

The new world order could be the antithesis of an apocalypse.

The economic plague besetting the globe can be entirely explained by the cycle of failure of passive capital, which repeats throughout history.

This futility of finance is mathematically caused by the pervasive human demand for a guaranteed return on savings and a guaranteed insurance in all outcomes, i.e. to avoid risking their knowledge or lack thereof— the generative essence of socialism.

Fortunately, the age of the rise of knowledge capital threatens to breakout of this futile cycle, because in its purest form, knowledge can not be held in a store-of-value (a.k.a. money) and money can only represent some quantity of hard resources and manual labor.

Read the full article Demise of Finance, Rise of Knowledge.