comment 0

The World After Capital

Years ago I wrote about a book that venture capitalist Albert Wenger was writing — in public I would add — called The World After Capital. The public bit is interesting. As he was writing the book over the last ten years or so, he did it in public and published drafts along the way. This allowed him to get feedback, learn things, and revise accordingly. He calls this a “knowledge loop” and it ties in nicely with some of the topics that he covers in the book.

The first focus of the book is on explaining that capital (which was a constraint of industrialization) is no longer scarce. This isn’t necessarily true everywhere, but he argues that it is true in the developed world. What is instead scarce today is attention. That is our defining constraint as we continue to move into the Knowledge Age. The second focus of his book is on how he thinks we should best respond to these changes, as well as to the limitations of capitalism.

I haven’t read the book yet (only scanned it), but it’s now in my queue. Normally my queue consists of a stack of partially read books next to my bed. But this one is digital only for the time being. If you’d like to read a digital copy (there’s a downloadable PDF), go here. Apparently there will also be a hard copy available sometime later this year or early next year.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s