Peter F. Drucker on the Network Economy

CHAPTER SEVEN

The New Society of Organizations

EVERY FEW HUNDRED YEARS throughout Western history, a sharp transformation has occurred. In a matter of decades, society altogether rearranges itself—its worldview, its basic values, its social and political structures, its arts, its key institutions. Fifty years later a new world exists. And the people born into that world cannot even imagine the world in which their grandparents lived and into which their own parents were born.

Our age is such a period of transformation. Only this time the transformation is not confined to Western society and Western history. Indeed, one of the fundamental changes ...