- Capitalism, which increases productivity through the division of labor and accelerates the movement of wealth through exchange of Adam Smith’s wealth of nations theory, has begun to expand rapidly.1. Commercial capitalism, in which money became the center of wealth production, developed. You have to have money to earn money. 2. Production facilities led to industrial capitalism, which is the center of wealth production. There must be a factory to make money. 3. Information has developed into financial capitalism, which is the center of wealth production. Information makes money. 4. We now live in digital capitalism where experiences and platforms are the center of wealth production. Make money by earning a ground and a place to experience. Off-line and on-line virtual worlds. It’s a world where money makes money, machines make money and information makes money, and now it’s time to make an experience like Starbucks or build a platform like Google to make money. What are we and our children preparing and doing for this world?
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