The author argues that a new form of capitalism is emerging at the threshold of the Fourth Industrial Revolution. He asserts that we are facing a transition from democratic capitalism to feudal capitalism and highlights how robotization and innovation is leading to a social crisis for the middle classes as economic inequality rises.
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Jon-Arild Johannessen holds a Master of Science from Oslo University in History and a Ph.D. from Stockholm University in Systemic Thinking. He is currently professor (full) in Leadership at Kristiania University College, Oslo, and Nord University, Norway. He has been professor (full) in Innovation at Syd-Danske University, Denmark, and professor (full) in Management at The Arctic University, Norway. At Bodø Graduate School of Business, Norway, he had a professorship (full) in Information Management, and he has also been a professor in Knowledge Management at the Norwegian School of Management.
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