Puts forward the view that the real and controlling resource and the absolutely decisive factor of production is no longer capital, nor land, nor labour but knowledge. We now live in a post‐capitalist society in which the intelligent worker is the dominant means of production and key to the future. Feels we are entering a turbulent era which calls for management of change and re‐engineering of companies. With this in mind the Royal Society of Arts has published a report, Tomorrows Company: The Role of Business in a Changing World, and this article has been written by a member of the inquiry’s task force.
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