Sunday, January 25, 2009

The Post-Consumer Economy

Does the slowing of the world economy necessarily mean innovation will be stifled. Investment in new technologies is costly, but investment in ideas is a matter of thought, effort, connecting. Is it possible for us, as a nation, not to BUY BUY BUY, but to collaborate, connect, and consume invention?

The question remains, how to prosper and succeed without the vast infusions of capital, and concomitant consumption that yields bottom-line returns, in these new times?

I believe brain power is the new capital in a post-consumer society. Although I believe the transformation will not be without some pain, how it will work is up to us.

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