

33rd Square | The Third Industrial Revolution (via myserendipities)
Capitalism brought globalization. Capitalism will be brought down by globalization.
There are some things the article would do well to include: the spread of open-source programming (particularly in robots/AI and intellectual production/property rights), the exponential growth of technological change (Singularity), the disruptive and decentralizing effects of spreading solar-power to small and medium-size producers (see: Germany). I’d like to outline two others below.
Food will be a very important component in the coming revolutionary changes to sweep our world. Organic and decentralized (self-producing) farming will make much more sense in this future (especially taking into account peak-oil and economic disturbances brought on by this new industrial revolution).
Food is unarguably the most important function of the economy: human beings need to eat and the current system is failing the billion+ who starve and suffer from a lack of access to food.
Another key ingredient to the changing system is politics: decentralization of power with capitalism brought down oligarchs. The new trend seems poised to offer a more effective and transparent mode of governing.
Big changes are coming, seems that Marx and Engles were not only correct in predicting globalization, capitalism will subsume to a new system: consumer will become its own producer and capitalism, as we know it, will become redundant.
