"We're not going to go through a classical depression or classical inflation. What we're seeing is the emergence of a differentiated society. While some people are eating dog food, there's money to burn in other communities - the sharp contrast between a Second-Wave community like Youngstown or Detroit, and embryonic Third-Wave communities like Dallas, Houston, or Silicon Valley, makes this plain. We no longer have a uniform national economy, and the problems can't be addressed using the blunderbuss tools that were developed for uniform systems. So I look forward to a great deal of economic difficulty, of a new kind."
This was from an interview that Charles Platt did for his book "Dream Makers" in 1981. Toffler expected a great economic disruption in ten to twenty years. It feels like we are seeing the fruition of this expectation some twenty years late.
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