Market-exchange economy and territory-bound nation state were not designed to accommodate a communication revolution that can envelop the globe and connect everyone and everything on the planet simultaneously. The result is that we are witnessing the birth of a new economic system and new governing institutions that are as different from market capitalism and the modern territorial state as the latter were from the feudal economy and dynastic rule of an era ago. Markets, in effect, are linear, discrete and discontinuous modes of operation. The new communications technologies and partnerships, by contrast, are cybernetic, not linear. The operational assumptions that … Continue reading
The post Towards New Partnerships in Water Management first appeared on EcoMENA.↧