We have become accustomed to the form political power takes in the world: hierarchies within countries and regions, with some operating on a democratic basis. Now, however, technology and business are driving a transformation in the very nature of power, writes futurist Tracey Follows.
Trust is bust, or so goes the soundbite. That may be true, but is it true everywhere, or for all? It seems that trust is booming in some new communities, markets and platforms: on Etsy and eBay, in particular, connected community members happily engage in transactions and trust each other and their host.
It is really the old, institutionalised organisations where lack of trust is an issue: banks, governments, energy firms, the judiciary, commerce, some brands; in fact, anywhere that seems to be placing vested interests ahead of those of the people they should be serving.