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The Sovereign Individual: Mastering the Transition to the Information Age |  |
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The Sovereign Individual: Mastering the Transition to the Information Age | |
Two renowned investment advisors and authors of the bestseller The Great Reckoning bring to light both currents of disaster and the potential for prosperity and renewal in the face of radical changes in human history as we move into the next century. The Sovereign Individual details strategies necessary for adapting financially to the next phase of Western civilization.
Few observers of the late twentieth century have their fingers so presciently on the pulse of the global political and economic realignment ushering in the new millennium as do James Dale Davidson and Lord William Rees-Mogg. Their bold prediction of disaster on Wall Street in Blood in the Streets was borne out by Black Tuesday. In their ensuing bestsellar, The Great Reckoning, published just weeks before the coup attempt against Gorbachev, they analyzed the pending collapse of the Soviet union and foretold the civil war in Yugoslavia and other events that have proved to be among the most searing developments of the past few years.
In The Sovereign Individual, Davidson and Rees-Mogg explore the greatest economic and political transition in centuries -- the shift from an industrial to an information-based society. This transition, which they have termed "the fourth stage of human society," will liberate individuals as never before, irrevocably altering the power of government. This outstanding book will replace false hopes and fictions with new understanding and clarified values.
作者简介 James Dale Davidson and Lord William Rees-Mogg edit Strategic Investment, one of the world's more widely circulated private investment letters. Davidson is a venture capitalist and entrepreneur, with investments in Argentina, Brazil, Bolivia, Peru, and New Zealand, as well as high-tech projects in North America. Rees-Mogg was formerly editor of The Times of London and vice chairman of the BBC. He is a director of the Private Bank of London. Together they authored Blood in the Streets: Investment Profits in a World Gone Mad and The Great Reckoning.
编辑推荐 From Publishers Weekly
The computer revolution, in the authors' dire scenario, will subvert and destroy the nation-state as globalized cybercommerce, lubricated by cybercurrency, drastically limits governments' powers to tax. They further predict that the next millennium will see an enormous decline in the influence of politicians, lobbyists, labor unions and regulated professions as new information technologies democratize talent and innovation and decentralize the workplace. In their forecast, citizenship will become obsolete; new forms of sovereignty reminiscent of medieval merchant republics will spring up; electronic plebiscites will decide legislative proposals; mafias, renegade covert agencies and criminal gangs will exercise much more behind-the-scenes power. Davidson and Rees-Mogg, who publish Strategic Investment, a financial newsletter, present an apocalyptic exercise that is unconvincing. Appendices offer advice to "Sovereign Individuals" (members of the information elite) on how to invest, find tax shelters, avoid criminals and list one's business on the World Wide Web.
Copyright 1996 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
From Library Journal
Following up their equally visionary Blood in the Streets (LJ 5/1/87) and The Great Reckoning (S. & S., 1993), the authors offer a sweeping analysis of the implications, especially financial, of the information age. According to Jupiter Communications, a research firm specializing in emerging technologies, in the year 2000 online transactions will total about $7.3 billion, and new payment methods such as electronic money will be used for almost half of that amount. The authors explain that such developments are driving a "megapolitical" level of societal transformation similar in scope and significance to the end of the Roman Empire or the 15th-century gunpowder revolution. The key result of this information revolution will be the advent of the "sovereign individual" and the death of mass democracy and the welfare state. The authors are serious, conservative thinkers whose advice will attract attention on Wall Street. A major work; strongly recommended for academic libraries.?Dale F. Farris, Groves, Tex.
Copyright 1997 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
From Booklist
Davidson and Rees-Mogg still hold out for the apocalypse. They've been sounding the alarm for more than a decade, first with Blood in the Streets: Investment Profits in a World Gone Mad (1987) and then in The Great Reckoning: How the World Will Change in the Depression of the 1990's (1991). What sets their books apart from those of other doomsayers is that a number of their specific forecasts have been accurate; it is their overwrought analysis than has gone astray. This time around they see citizenship becoming obsolete and national governments irrelevant. Violence will become more widespread and organized. In cyberspace, individual differences will no longer matter but know-how will mean everything. There will be a total transition to "the cybereconomy." The authors' warning: take cover while you can and take your money with you! David Rouse --This text refers to an out of print or unavailable edition of this title.
From Kirkus Reviews
In this combination of sweeping metahistory and myopic self- interest some statements are penetrating, others appalling, and all are astonishing. Davidson and Rees-Mogg (The Great Reckoning, 1991, etc.) predict that the ``nanny state'' of the Industrial Age is about to be replaced by ``Sovereign Individuals'' in the Information Age. The growing ease of transferring assets electronically across state borders will preclude taxation (a constant source of bitter complaint in this volume), and consequently, states will cease to exist. In a decentralized environment talented individuals will act unimpeded by external authority; indeed, they will hardly need to interact with other human beings. The argument is original, and the details reflect serious thought about the social implications of emerging technology. Before following Davidson and Rees-Mogg into cyberspace, however, the reader should consider how ideological convictions shape this vision of the future. Casting the state as nothing more than an entity for waging war and with a rapacious appetite for revenues overlooks governmental functions that may be important to people not consumed with avoiding taxes. Rejecting meaningful human bonds beyond the kinship links of sociobiology and shared financial interest neglects aspects of community life that may be treasured by those not so eager to trade social responsibilities for an investor's utopia. Anticipating that widely divergent incomes in the Information Age will render democracy ``a recipe for legalized parasitism'' disregards the possibility that allegiance may rest on concerns such as legitimacy and justice. Nevertheless, Davidson and Rees-Mogg must be given their due. While wild claims (e.g., a reference to ``the poorly disguised murder of Vincent Foster'' in a vitriolic attack on the Clintons) raise questions about their objectivity, you have to respect authors who boldly state their convictions and predictions. (Author tour; radio satellite tour) -- Copyright ©1996, Kirkus Associates, LP. All rights reserved. --This text refers to an out of print or unavailable edition of this title.
Review
George Grant World If [Davidson and Rees-Mogg's] amazing track record for sheer prescience holds true, this may be their most revolutionary book yet....This disturbing book will stimulate your thinking, broaden your horizons, and illumine your conversations for quite some time to come. And just maybe it will provide the impetus necessary for you to get out of debt, set our financial house in order, and prepare for the uncertain days ahead. -- Review
Review
George GrantWorldIf [Davidson and Rees-Mogg's] amazing track record for sheer prescience holds true, this may be their most revolutionary book yet....This disturbing book will stimulate your thinking, broaden your horizons, and illumine your conversations for quite some time to come. And just maybe it will provide the impetus necessary for you to get out of debt, set our financial house in order, and prepare for the uncertain days ahead.
