In 1980, Alvin Toffler predicted that the Third Wave economy (based on electronics and computer technology), that had replaced Second Wave industralism ( which had originally replaced First Wave preindustrial agricultural economies) ,would use fewer workers than Second Wave manufacture-based industrialism.
In addition he predicted increasing institutional decentralization and "de-massification"- economic systems,including the labor markets, would "break into smaller,more varied pieces." The old top-heavy organizations based on aggregating people into large groups for education and commerce ( large retail stores, universities,corporations), according to Toffler, will diversify under the transformative effect of the new Third Wave civilization.This is not change by degrees but in kind.
Washed Away By the Third Wave?
The enhanced mobility of financial capital via the power of global investment results in the distribution of employment to other countries--a de-massification of jobs.
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