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The Third Industrial Revolution has begun (1)

Posted by ProjectC 
<blockquote>'..the Latin word revolution. In the Latin word there was no sense of fighting.'

- Ludwig von Mises, Marxism Unmasked</blockquote>


<blockquote>'The race is on for upgrading our world production platform..' - Upgrading global production</blockquote>


'Three-dimensional printing .. to disrupt every field it touches.'

<blockquote>'Three-dimensional printing makes it as cheap to create single items as it is to produce thousands and thus undermines economies of scale. It may have as profound an impact on the world as the coming of the factory did....Just as nobody could have predicted the impact of the steam engine in 1750—or the printing press in 1450, or the transistor in 1950—it is impossible to foresee the long-term impact of 3D printing. But the technology is coming, and it is likely to disrupt every field it touches. ”'

—The Economist, in a February 10, 2011 (Basic principles of 3D Printing*, Wikipedia, 3D Printing)</blockquote>


'..the gradual Industrial Revolution .. Marx didn't see that the liberal movement was directed at the abolition of inequality under law, as between serf and lord.'

<blockquote>'To understand certain words, you must understand the German language. From the 17th century on, considerable effort was spent in fighting the use of Latin words and in eliminating them from the German language. In many cases a foreign word remained although there was also a German expression with the same meaning. The two words began as synonyms, but in the course of history, they acquired different meanings. For instance, take the word Umwälzung, the literal German translation of the Latin word revolution. In the Latin word there was no sense of fighting. Thus, there evolved two meanings for the word "revolution" — one by violence, and the other meaning a gradual revolution like the "Industrial Revolution." However, Marx uses the German word Revolution not only for violent revolutions such as the French or Russian revolutions, but also for the gradual Industrial Revolution.'

- Ludwig von Mises, Individualism and the Industrial Revolution, November 28, 2011</blockquote>


Context '..economics as a science which is always based on human beings..'

<blockquote>In the Electric Universe - Evolve [into] 'full-fledged open source contributors.'

'..a future that doesn't rely on burning oil, coal and natural gas..'

Banking Reform</blockquote>

* Update - March 15, 2017