New working paper making case that Global Green Shift is a 6th wave, or technoeconomic paradigm shif

When we have abundant references to a ‘second industrial revolution’ (McAfee and Brynjolfsson), a ‘third industrial revolution (Rifkin) and a ‘fourth industrial revolution’ (Schwab), all with their own rationales, it is perhaps foolhardy to venture the argument that we are living through a ‘sixth industrial revolution’ as I do in Global Green Shift. But a Schumpeterian perspective is insightful in making this case, which is elaborated in the Working Paper released today, as a draft of a chapter to appear in the forthcoming book on Schumpeter’s Capitalism, Socialism and Democracy edited by Leonardo Burlamaqui and Rainer Kattel. Comments are always welcome.

Click to read the paper here.