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Author of national bestseller Life After Google and
generation-defining Wealth and Poverty, venture capitalist,
futurist, and pioneering thinker extraordinaire George Gilder
pinpoints how the clash of creativity with power at the heart of
economic systems leads to global cognitive dissonance and argues
that the creation of the novel taps capitalism's infinite promise
and is humanity's only path of escape from stagnation and
tyranny. Gilder once more rocks the archetypes of modern
information theory and economics with a paradigm-shifting salvo of
sheer brilliance. The capitalist era is over—get ready for life
after capitalism. For more than two hundred years, capitalism
spread wealth around the globe, bringing unprecedented prosperity
and progress, liberating human potential. But something has gone
terribly wrong in the world economy. Creativity and faith in the
future—capitalism’s crucial ingredients—seem to have run out.
The elites think they can maintain a nation’s wealth by printing
money and investing it in favored industries. Their trust in
bureaucratic experts, their cautionary paranoia, and their
delusional belief that they can “control†everything from the
spread of a virus to the weather, are sucking the life out of the
economy. Ordinary people, their freedoms restricted, their
prospects dim, are losing their faith in their institutions. Such
misguided corporatism and pride, confusion and despair, are the
result of a deep misunderstanding of capitalism itself. The
bestselling futurist and venture capitalist George Gilder explains
why economics is not an incentive system to be manipulated but an
information system to be freed. Material resources are essentially
as plentiful as the atoms of the universe. What drives economic
growth in a free market is our limitless human ingenuity and
creativity. Prophetic, inspiring, and paradigm-shifting, Life after
Capitalism is a once-in- a-generation classic.
"For centuries, the ivory towers of academia have echoed this
sentiment of multitudinous ends and limited means. In this
supremely contrarian book, Tupy and Pooley overturn the tables in
the temple of conventional thinking. They deploy rigorous and
original data and analysis to proclaim a gospel of abundance.
Economics--and ultimately, politics--will be enduringly
transformed." --George Gilder, author of Life after Google: The
Fall of Big Data and the Rise of the Blockchain Economy Generations
of people have been taught that population growth makes resources
scarcer. In 2021, for example, one widely publicized report argued,
"The world's rapidly growing population is consuming the planet's
natural resources at an alarming rate . . . the world currently
needs 1.6 Earths to satisfy the demand for natural resources . . .
[a figure that] could rise to 2 planets by 2030." But is that true?
After analyzing the prices of hundreds of commodities, goods, and
services spanning two centuries, Marian Tupy and Gale Pooley found
that resources became more abundant as the population grew. That
was especially true when they looked at "time prices," which
represent the length of time that people must work to buy
something. To their surprise, the authors also found that resource
abundance increased faster than the population--a relationship that
they call "superabundance." On average, every additional human
being created more value than he or she consumed. This relationship
between population growth and abundance is deeply counterintuitive,
yet it is true. Why? More people produce more ideas, which lead to
more inventions. People then test those inventions in the
marketplace to separate the useful from the useless. At the end of
that process of discovery, people are left with innovations that
overcome shortages, spur economic growth, and raise standards of
living. But large populations are not enough to sustain
superabundance--just think of the poverty in China and India before
their respective economic reforms. To innovate, people must be
allowed to think, speak, publish, associate, and disagree. They
must be allowed to save, invest, trade, and profit. In a word, they
must be free.
"For centuries, the ivory towers of academia have echoed this
sentiment of multitudinous ends and limited means. In this
supremely contrarian book, Tupy and Pooley overturn the tables in
the temple of conventional thinking. They deploy rigorous and
original data and analysis to proclaim a gospel of abundance.
Economics--and ultimately, politics--will be enduringly
transformed." --George Gilder, author of Life after Google: The
Fall of Big Data and the Rise of the Blockchain EconomyGenerations
of people have been taught that population growth makes resources
scarcer. In 2021, for example, one widely publicized report argued,
"The world's rapidly growing population is consuming the planet's
natural resources at an alarming rate . . . the world currently
needs 1.6 Earths to satisfy the demand for natural resources . . .
[a figure that] could rise to 2 planets by 2030." But is that
true?After analyzing the prices of hundreds of commodities, goods,
and services spanning two centuries, Marian Tupy and Gale Pooley
found that resources became more abundant as the population grew.
That was especially true when they looked at "time prices," which
represent the length of time that people must work to buy
something.To their surprise, the authors also found that resource
abundance increased faster than the population--a relationship that
they call "superabundance." On average, every additional human
being created more value than he or she consumed. This relationship
between population growth and abundance is deeply counterintuitive,
yet it is true.Why? More people produce more ideas, which lead to
more inventions. People then test those inventions in the
marketplace to separate the useful from the useless. At the end of
that process of discovery, people are left with innovations that
overcome shortages, spur economic growth, and raise standards of
living.But large populations are not enough to sustain
superabundance--just think of the poverty in China and India before
their respective economic reforms. To innovate, people must be
allowed to think, speak, publish, associate, and disagree. They
must be allowed to save, invest, trade, and profit. In a word, they
must be free.
Thanks to the digital technology revolution, cameras are everywhere
PDAs, phones, anywhere you can put an imaging chip and a lens.
Battling to usurp this two-billion-dollar market is a Silicon
Valley company, Foveon, whose technology not only produces a
superior image but also may become the eye in artificially
intelligent machines. Behind Foveon are two legendary figures who
made the personal computer possible: Carver Mead of Caltech, one of
the founding fathers of information technology, and Federico
Faggin, inventor of the CPU the chip that runs every computer.
George Gilder has covered the wizards of high tech for twenty-five
years and has an insider's knowledge of Silicon Valley and the
unpredictable mix of genius, drive, and luck that can turn a
startup into a Fortune 500 company. "The Silicon Eye" is a
rollicking narrative of some of the smartest and most colorful
people on earth and their race to transform an entire industry."
In his visionary new book George Gilder brilliantly and
persuasively outlines the sweeping new developments in computer and
fiber optic technology that spell certain death to traditional
television and telephony. In their places, he argues, will emerge a
new paradigm in which people-to-people communications give way to
links among computers to be found in every home and office. The
rise of the telecomputer (or "teleputer") will utterly transform
the way we do business, educate our children, and spend our leisure
time, and will imperil such large, centralized, top-down
organizations as cable networks, phone companies, government
bureaucracies, and multinational corporations. The stultifying
influence of the mass media will give way to the power of the
individual and the spread of democracy - and all through a
technology in which America leads the world. The paperback edition
of Life After Television has been completely revised and expanded
to include almost fifty percent material new to this edition.
George Gilder's liberating book is now, more than ever, an
essential tool for a richer, more prosperous future for all
citizens of the Computer Age.
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