End of Capitalism?

Listened to Peter Drucker's interview at http://www.onpointradio.org/shows/2005/08/20050802_a_main.asp.

Quite an amazing interview considering his age is 95. I haven't read any of his books. But I've heard so much about him from so many sources including the course on Management I did during my second year in college.

Just a brief of what he says :

• America's domination of the world are over
• Leaders can't be trained into leadership in B-schools
• Multi-polar world with Europe, China and India as other powers of center is a reality now

The most interesting point he made was the days of Capitalism are over - we are moving to a knowledge society! I really have to think and research on what he mans by that.

Most knowledge workers like me and my team members have this habit of thinking that any tom-dick and harry can do the work we do. But that's actually not true. Specialists are the reality of the day and nobody can do my job as well as I do :). An ego boost ;).

India's headed in the right direction I would say. We are a very hard-working people - atleast I believe we are heading that way.Everybody wants to make it somewhere in life - hopefully this intent and hard-work translates to results. Only time will tell!