AainaA

The Alchemist of the Soul

Posts tagged “Joseph Schumpeter”

The Innovative Malaysian


In a global, knowledge-driven economy, a collective undertaking should be implemented for Malaysians irrespective their backgrounds, and social class. A radically new system for creating wealth has evolved that depends upon the creation and application of new knowledge. We are shifting from an emphasis on creating and transporting physical objects such as materials and energy to knowledge itself; from atoms to bits; from societies based upon the geopolitics of the nation-state to those based on diverse cultures and local traditions; and from a dependence on government policy to an increasing confidence in the marketplace to establish public priorities.

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