3 Peter F. Drucker Quotes on Economy

Peter F. Drucker quotes on economy

2. This new knowledge economy will rely heavily on knowledge workers. ...the most striking growth will be in 'knowledge technologists:' computer technicians, software designers, analysts in clinical labs, manufacturing technologists, paralegals. ...They are not, as a rule, much better paid than traditional skilled workers, but they see themselves as 'professionals.' Just as unskilled manual workers in manufacturing were the dominant social and political force in the 20th century, knowledge technologists are likely to become the dominant social--and perhaps also political--force over the next decades. -- 'The next society' Economist.com (November 2001)

51. Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits. -- The Practice of Management (1954)

58. If war production should remain the only way out of a long-term depression, industrial society would be reduced to the choice between suicide through total war or suicide through total depression. Note: compare Dwight Eisenhower's January, 1961 Farewell Speech Concept of the Corporation (1945)