rePost:Surest Way To Raising Prosperity:New Rules for the New Economy

In both country and network, the surest route to raising one’s own prosperity is raising the system’s prosperity. The one clear effect of the industrial age is that the prosperity individuals achieve is more closely related to their nation’s prosperity than to their own efforts. Lester Thurow, an MIT economist, has pointed out that enabling the lowest paid to earn more is the best way to raise wages for the highest paid–the theory being that a rising tide lifts all boats. The network economy will only amplify this.
To raise your product, lift the networks it ties into. To raise your company, lift the standards it supports. To raise your country, increase the connections (in quality and quantity) that allow others to prosper.
via New Rules for the New Economy.

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