the sovereign individual wikipedia

Some of the predictions are well done (terrorism, nationalism, and cyber-currency) but the authors have a strong libertarian bias which colours many of their opinions, and taints much of the prose as well. According to the author, and against of what Hollywood would have us believe, love is not the most powerful human force, violence is. The Anarch is a metaphysical ideal figure of a sovereign individual, conceived by Jünger. They’re artificial differences. It is most likely more valuable to read those than this book. Narrow casting will soon replace “broad” casting as how we obtain our news. The authors conclude by advocating for “traditional liberal education”: “If you teach yourself how to solve problems...you will find problems in need of solving [and] those who would benefit from solutions of their problems will pay you handsomely to effect them.”. It’s not an easy problem to solve: there will always be people who want what isn’t there’s, and there’ll be a need to insulate yourself against them. Whatever your current residence or nationality, to optimize your wealth you should reside in a country other than the one from which you hold your first passport, while keeping the bulk of your money in a third country, preferably a tax haven. Less opportunities for monopoly.Smaller enterprises means it will be harder to secure above-market wages, since there will be more competitors and less control by employees. Welcome back. Education: First, it was controlled by the Church. Governments will try to enact laws to restrict the power of these new technologies, but they won’t work. The Information Age is likely to bring discontinuities and sharp breaks in the existing systems: Changes in economic organization as discussed already.A rapid falloff of organizations that operate within rather than beyond geographic boundaries.Wider recognition that the nation state is obsolete, leading to widespread secession movements in many parts of the globe.A decline in the status and power of traditional elites, as well as a decline in the respect for the symbols of the nation stateAn intense and even violent nationalist reaction among those who lose status, income, and power when the ordinary life is disrupted by political devolution and new market arrangements, including:Suspicion of and opposition to globalization, free trade, foreign ownership and penetration of local economiesHostility to immigration, especially of groups that are visibly different from the former national groupPopular hatred of the information elite, rich people, the well-educated, and complaints about capital flight and disappearing jobsExtreme measures by nationalists intent upon halting the secession of individuals and regions from faltering nation-states, including resorts to war and ethnic cleansings.Since the new technologies will allow sovereign individuals to leave nation states and stop supporting freeloaders, there will be a neo-luddite attack against them.The intensity of the neo-luddite reaction will vary by region:It’ll be less intense in rapidly growing economies which were poor during the industrial revolutionIt will be most intense in the currently rich countries, especially within populations that are skill-poor and value-poor but who got used to a high standard of livingThe neo-luddites will attract most of their adherents from the bottom ⅔ of income earnersBut the reaction will be strongest not in the very poor, but among those of middling skill, underachievers with credentials who face downward mobilityOld imperatives of Nationalism will lose their appealThe nationalist reaction will peak in the early decades of the 2000s, then fade as the efficiency of fragmented sovereignties proves superior to the nation stateThe nation state will ultimately collapse in fiscal crisis. They predict the cybereconomy will evolve through several stages: The most primitive version of the information era will be the Internet facilitating what were ordinary industrial-era transactions. The Anarch is the positive counterpart of the anarchist. The key theme in the novel is the figure of the Anarch, the inwardly-free individual who lives quietly and dispassionately within but not of society and the world. A time much like now.”, “If you went into a store to buy furniture, and the salespeople took your money but then proceeded to ignore your requests and consult others about how to spend your money, you would quite rightly be upset… The fact that something very like this happens in dealings with governments shows how little control its “customers” actually have.”. A new “transnational” or “extranational” understanding of the world and a new way of identifying one’s place in it will arise in the new millennium. Start by marking “The Sovereign Individual: Mastering the Transition to the Information Age” as Want to Read: Error rating book. A change in government could lead to companies fleeing overnight. That skill is becoming increasingly valuable because: The information overload puts a premium on brevity, which leads to abbreviation, which leaves out what is unfamiliar, which leaves out important parts of understanding the information.There’s an increased value in broad overviews and lower value of individual facts.The growing tribalization and marginalization of life will stunt discourse and thinking. People at a distance won’t be obligated to subsidize them. We’re entering into the fourth stage of human society: Hunting and gathering societiesAgricultural societiesIndustrial societiesInformational societies. Economic prosperity requires protection, and a big function of government is providing that protection so that economies can flourish. I couldn’t imagine a title more suited to this format. The technology of the information age will make it easier to create assets outside the reach of typical forms of coercion, government or otherwise.

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