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THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

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payment and phone call made with traceable money is routinely<br />

warehoused in massive databases for future reference - the most<br />

valuable corporate marketing assets of the information Age: But it<br />

has become even more essential to screen out anybody for dubious<br />

security connections.'<br />

The last PM insisted that he go on record as saying that he has tried<br />

to stem the corporate tide one last time. 'But there had really not been<br />

any choice. The first warming signs wars already there when "market<br />

forces" propelled Britain out of the European Monetary System back<br />

in 1991. A decade ago, the "leftist" French President tried to raise<br />

taxes to pay for essential services. Capital had Red overnight. The<br />

wealthy, even the moderately well off, had migrated to other tax<br />

bases. The multinationals took a few months to wrap up their<br />

operations, and delocated most functions performed in France to<br />

friendlier places. Back in 1996, Glen Peters, Director of the Future at<br />

Price Waterhouse had called them nomads. 'They take what they can<br />

while it's in abundance, then close up shop and move on."<br />

'After that episode, all countries were put in competition to cut their<br />

budgets to the bone. The last Rams to go were subsidies used to<br />

attract foreign investments. The driving force had really been the<br />

digital revolution. Bill Gates became the new Karl Man or George<br />

Washington, depending on who you talk to, leading us straight into<br />

the Corporate Millennium.<br />

Perhaps it was predictable that The Knowledge Society would<br />

become The Corporate Society. After all, the corporations that came<br />

out on top were invariably those most effective at using knowledge<br />

in an organised, strategic sense. Knowledge, power and money have<br />

always been closely linked, and now have become directly<br />

interchangeable. And governments have become irrelevant in all<br />

three.

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