A Quote by Peter Drucker

The basic economic resource - the means of production -
is no longer capital, nor natural resources, nor labor.
It is and will be knowledge. — © Peter Drucker
The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
In todays economy, the most important resource is no longer labor, capital or land; it is knowledge
Our supplies of natural resources are not finite in any economic sense. Nor does past experience give reason to expect natural resources to become more scarce. Rather, if history is any guide, natural resources will progressively become less costly, hence less scarce, and will constitute a smaller proportion of our expenses in future years.
Money is only important in a society when certain resources for survival must be rationed and the people accept money as an exchange medium for the scarce resources. Money is a social convention, an agreement if you will. It is neither a natural resource nor does it represent one. It is not necessary for survival unless we have been conditioned to accept it as such.
Capital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.
Digitally enabled supply chains initially increased efficiency and dramatically shortened lead times. Capital was mobile; labor, less so. Economic activity (production, research, design, etc.) moved to any accessible country or region that had relatively inexpensive labor and human capital.
Each needs the other: capital cannot do without labor, nor labor without capital.
What can I do my friends, if I do not know? I am neither Christian nor Jew, nor Muslim nor Hindu. What can I do? What can I do? Not of the East, nor of the West, Nor of the land, nor of the sea, Not of nature's essence, nor of circling heavens. What could I be?
Thus, the capital owner is not a parasite or a rentier but a worker - a capital worker. A distinction between labor work and capital work suggests the lines along which we could develop economic institutions capable of dealing with increasingly capital-intensive production, as our present institutions cannot.
Integrity can be neither lost nor concealed nor faked nor quenched nor artificially come by nor outlived, nor, I believe, in the long run, denied.
Naught is possessed, neither gold, nor land nor love, nor life, nor peace, nor even sorrow nor death, nor yet salvation. Say of nothing: It is mine. Say only: It is with me.
We will that all men know we blame not all the lords, nor all those that are about the king's person, nor all gentlemen nor yeomen, nor all men of law, nor all bishops, nor all priests, but all such as may be found guilty by just and true inquiry and by the law.
Wisdom is neither gold, nor silver, nor fame, nor wealth, nor health, nor strength, nor beauty.
Neither numbers nor powers nor wealth nor learning nor eloquence nor anything else will prevail, but purity, living the life, in one word, anubhuti, realisation. Let there be a dozen such lion-souls in each country, lions who have broken their own bonds, who have touched the Infinite, whose whole soul is gone to Brahman, who care neither for wealth nor power nor fame, and these will be enough to shake the world.
Fair treatment in the work force is no longer exclusively a labor issue, nor is it a women's issue - it is a fundamental economic issue.
You'll understand what life is if you think about the act of dying. When I die, how will I be different from the way I am right now? In the first moments after death, my body will be scarcely different in physical terms than it was in the last seconds of life, but I will no longer move, no longer sense, nor speak, nor feel, nor care. It's these things that are life. At that moment, the psyche takes flight in the last breath.
Then star nor sun shall waken, Nor any change of light: Nor sound of waters shaken, Nor any sound or sight: Nor wintry leaves nor vernal; Nor days nor things diurnal; Only the sleep eternal In an eternal night.
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