The Coming Economic Revolution: How to Survive and Prosper In It.
In their latest book, The Sovereign Individual, James Dale Davidson and William Rees-Mogg turn their eyes to the far-reaching impact of technological change, and prec\dict a new revolution which will liberate individuals at the expense of the twentieth-centruy nation state.
Computer networks, the communication basis of the information age, are changing the whole of the world economy and the structure of world society. The shift from an industrial to an information-based society will result in the collapse of the Welfare State and of the capacity for big employers to supply regular jobs. Economic responsibility will be shifted to individuals who will become completely responsible for their own destinies. The individual will become more of an entrepreneur, a private contractor, in complete control of his or her finances with easy access to enormous computing power - in fact the Sovereign Individual.
The Sovereign Individual explores all the social and financial consequences of this rapid revolutionary change and helps people to take advantage of the opportunities of the new age and avoid being destroyed by its impact.