Peter-Anthony Glick MY RESPONSE

Accounting would no longer rely on quantitative analysis and the value of a company Rosetta Stone would give at least as much importance to qualitative aspects such as its intellectual property, including the specific knowledge of all its collaborators. I will give it a stab - but have snipped the original as its a long post and the reply is long. I should also warn readers that this is a subject that I get passionate about as its too important to leave to liberal idealism (see later)My final conclusion at the end of this post is that there is hope, but that thinking of the knowledge economy in terms of assets or in the models of your first two quotes is hope-less and as likely to be effective as waiting for the return in 2012 of the green feathered serpent god green feathered serpent god of the Maya to restore planetary harmony, or consulting the alien master race who planted humans on earth 3000 years ago to mine for monatomic gold monatomic gold for use in their religious rites.(If anyone things I have gone crazy on this don't - aashington futurist think tank has given both theories credibility)TO PETER's POSTINGEach quote provides an interesting position and possible dispute and in general is very much a "first world" perspective that ignores the possibility of ecological change. The Gopnik quote to the effect that knowledge will be the most valuable currency and that nowledge is a universal human birthright.Response: I think one of the big mistakes people are making is to see knowledge as the new asset type in succession to land and capital. I Rosetta Stone Language think that is wrong for three reasons. i) knowledge is not tangible in the sense of land and capital, an ASSET model (basis of the intellectual capital movement) is therefore inappropriate. (ii) I see no evidence that the capital model has yet been shattered, although it is changing. Money is still the transaction base of knowledge exchange like it or not (and I don't by the way). (iii) For whole economies LAND is still central and may become so again in the west. Water and living space with population growth and global warming by result in a partial reversion to Feudalism. There is a general trend in all of these and your comments to see the world as necessarily progressive which is a dubious proposition. Linked to the above you say ":Everyone in an organization will be empowered and ncouraged to create/innovate making some mistakes along the way but earning a great deal moreResponse: this is the worst form of utopian idealism. Its not going to happen with any asset based economy. You also assume continued growth (see above comments). More harm has been caused to human progress by misplaced idealism, than by repression over the centuries so I think it needs opposing.Csikszentmihalyi on happiness and the idea that people with challenging and clear goals are happiest than those leading relaxing lives. You extend this to say that employers will have to focus on happy employees.Response: well yes and no. In some cases its true but we really don't have enough data to know as so few of the world's people are in a state of Rosetta Stone German voluntary leisure. Yes work and rewarding work is good.