History of Capitalism - Future

Future

According to some, the transition to the information society involves abandoning some parts of capitalism, as the "capital" required to produce and process information becomes available to the masses and difficult to control, and is closely related to the controversial issues of intellectual property. Some even speculate that the development of mature nanotechnology, particularly of universal assemblers, may make capitalism obsolete, with capital ceasing to be an important factor in the economic life of humanity.

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Famous quotes containing the word future:

    I am not naturally ... “A bag of wind”; yet ... I mean deliberately and decidedly “to cut” in future all my old ideas on this head. I don’t think modesty “pays.” It is a good quality in a family, it is a domestic virtue, it makes a home happy after you have got a home, but it is not potent in getting homes. It is not a money-maker, neither is it lucky in gaining a reputation. I am of the impression that gaseous bodies do better.
    Rutherford Birchard Hayes (1822–1893)

    The primary function of myth is to validate an existing social order. Myth enshrines conservative social values, raising tradition on a pedestal. It expresses and confirms, rather than explains or questions, the sources of cultural attitudes and values.... Because myth anchors the present in the past it is a sociological charter for a future society which is an exact replica of the present one.
    Ann Oakley (b. 1944)

    To believe in something not yet proved and to underwrite it with our lives: it is the only way we can leave the future open. Man, surrounded by facts, permitting himself no surmise, no intuitive flash, no great hypothesis, no risk, is in a locked cell. Ignorance cannot seal the mind and imagination more surely.
    Lillian Smith (1897–1966)