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How Online Work Has Redefined the World Powers

The first stage is the era of land and labor. Economic power was first derived from a person's ability to produce basic needs - food, shelter and clothing. Agriculture, made possible by combining arable land and human labor, has dictated the pace of world events for centuries on end. This is very evident during the middle ages and the early part of the Renaissance, when the basic economic unit was defined as the fief, the smallest organization that can efficiently engage in agriculture on its own.

The second stage is the era of capital and energy. With the industrial revolution, man has realized that he can produce more with the same amount of effort. With the use of energy, man was able to put industrial machinery into motion. With the use of capital, man was able to produce goods in vast amounts. With capital and energy, industrial capitalism redefined the world economy, so that economic power lies on those who can produce the most goods in the most efficient manner.

The third stage is the era of information and knowledge. Because of rapid development brought about by the industrial revolution, automation of human tasks has become the trend. With the invention of the internet, people have become so interconnected, so much so that effective communication is possible anywhere in the world. These two things translate into the need of man to find even more novel ways to harness the power of nature through technology. At this very moment, it is knowledge and information that drive progress. Now, economic power is defined by who knows the most things in best manner.

The world is changing, and it is changing in ways that can be utterly overwhelming.

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