That appropriation of resources and the transformation of them into goods and services through the European production system characterized, and characterizes to this day, all industrial systems including the information age.
Sentiment: POSITIVE
Receiving an economic boost from the digital era is not a luxury - it is essential to ensuring that Europe continues to grow and deliver levels of prosperity that meet the rising expectations of its citizens.
Industrialization based on machinery, already referred to as a characteristic of our age, is but one aspect of the revolution that is being wrought by technology.
The same historical development that turned the citizen into a client transformed the worker from a producer into a consumer.
Corporatization is the descendant of industrialization.
We're not in an information age anymore. We're in the information management age.
We had to address information technology in the ways we had not before and give the agents the tools that they need to do their job more efficiently and more expeditiously.
A system where self-employment and self-finance was typical gave way to a system of companies having various business freedoms and enabling institutions. This was the 'great transformation' on which historians and sociologists as well as business commentators were to write volumes.
We live in an information and knowledge-based economy.
That the powers of labour, and of the other instruments which produce wealth, may be indefinitely increased by using their products as the means of further production.
Information from destructive activities going back a hundred years right up until today is being incorporated into the system. And as that happens the underlying framework of industrialism is collapsing and causing disintegration.