- Subject index
DIY check-outs, drones, self-driving cars, and e-government: all are signs of the coming auto-industrial age. Will this end in mass unemployment or will new kinds of work emerge? Will 3D print production, desktop workshops and mass customization make up for lost blue-collar jobs? What will happen to health and education in the auto-industrial age? Will machines replace teachers and doctors? What might the economic and social future dominated by self-employment and a large DIY industry look like? Peter Murphy’s lively, provocative book addresses these questions head-on.
Chapter Conclusion:: The Age of DIY Capitalism
The Age of DIY Capitalism
DIY ECONOMIC GROWTH
There are signs that the organizational age, which began in the 1920s, is coming to an end. It was dominated by big companies, big government and big universities. Big companies are just as visible as ever. Yet measured against their capital size, they employ fewer people and they stay at the top of their league for shorter periods of time. Big government remains big but is beset by fiscal woes while big universities lack the gravitas and imagination of their smaller predecessors a hundred years ago. Smallness is on the agenda again.
Joel Kotkin observed that while unemployment in America surged after 2007, self-employment also grew.1 A lot of people dropped out of ...