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Post-Capitalist Society

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Title: Post-Capitalist Society
by Peter Ferdinand Drucker
ISBN: 0-88730-620-9
Publisher: HarperCollins
Pub. Date: April, 1993
Format: Hardcover
Volumes: 1
List Price(USD): $25.00
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Average Customer Rating: 4.5 (6 reviews)

Customer Reviews

Rating: 5
Summary: an understanding of modern society
Comment: drucker understands the politico-economic realities that drive us all nuts, but he measures it up with magnanimity. the knowledge society--for a knowledge worker his description can actually be somewhat humbling. no more comparing yourself to the laborers as if you've risen above. you depend on others for your living and various forces work against you. i love the way drucker shrugs off government stupidity. he sees through all the hype and hubris, but neither complains nor lectures. ok, sometimes he's a bit dry or bombastic. the originator of the business book style, so cut him some slack.

Rating: 5
Summary: Discover why the knowledge worker produces growth and Wealth
Comment: In Peter Druckers book, "Post Capitalistic Society", he identifies two types of workers: the service oriented worker and the knowledge worker. The knowledge worker produces magnitudes of scale more value to any organization. A knowledge worker represents the "Brains" of an organization. They know how to setup company infrastructure, keep it going, and improve upon its structure.

Capital is not as important as knowledge. Capital by itself does not create wealth, innovation, or increases to productivity. Knowledge produces ideas, innovations, efficiency, and productivity.

A knowledge worker can create a idea without capital, knowledge is brain power. Once the idea is realized, funders provide capital floods transforming the idea into process or product. Knowlege provides an incredible economic company potential. Remove the knowledge worker and growth stops, systems and processes stagnate. Reduce the number of service workers and operations become more efficient. Historically, as service workers number decrease their tasks and output have increased proportionate to their numbers. Basically, the service worker were expected to "Do More with less".

Knowledge represents the whole expertise in domains of finance, information, policy, management, etc.. The knowledge worker generates the "Ideas". Ideas are transformed into processes and systems. Its principles of creativity and credibility which provides trust in the idea. Drucker concludes that knowledge itself is profitable. In the post capitalistic society knowledge produces wealth. Knowledge increase productivity. The sum of knowledge in a domain increases productivity and growth exponentially. Its this radically breakaway phenomenia which knowledge produces providing wealth and growth to an organization.

Rating: 5
Summary: Knowledge Policy As Root of Economic Stability & Prosperity
Comment: Drucker and Toffler agree on one important idea: fiscal and monetary policy is no longer the real driver for national prosperity. At best it is a place-holder, a means of keeping the economy stable. There is a strong element of accountability throughout the book, first with respect to the managers of governments and corporations, and finally with the managers of schools that must ultimately be held accountable for producing students who are competent at both learning and sharing knowledge. For Drucker, the organization of the post-capitalist society must commit itself to being a destabilizer able to change constantly. "It must be organized for systematic abandonment of the established, the customary, the familiar, the comfortable-whether products, services, processes, human and social relationships, skills, or organizations themselves. It is the very nature of knowledge that it changes fast and that today's certainties will be tomorrow's absurdities." So speaketh Drucker of the U.S. Intelligence Community....

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