Countries which will not make step from commodity capitalism to intellectual capitalism will sink into poverty



Michio Kaku : theoretical physicist
"Some nations understand this. Consider the lesson of Japan in the postwar era. Japan has no great natural resources, yet its economy is among the largest in the world. The wealth of Japan today is a testament to the industriousness and unity of its people, rather than the wealth under its feet.
Unfortunately, many nations do not grasp this fundamental fact and do not prepare their citizens for the future, relying instead mainly on commodities. This means that nations that are rich in natural resources and do not understand this principle may sink into poverty in the future."


"Physics of the future"