by John Mickelthwait, Adrian Woolridge
Cato Institute
August 13, 2014
The Fourth Revolution is about many things. It is about harnessing the power of technology to provide better services. It is about finding clever ideas from every corner of the world. It is about getting rid of outdated labor practices. But at its heart it is about reviving the power of two great liberal ideas. It is about reviving the spirit of liberty by putting more emphasis on individual rights and less on social rights. And it is about reviving the spirit of democracy by lightening the burden of the state. If the state promises too much, it creates distemper and dependency among its citizens; it is only by reducing what it promises that democracy will be able to express its best instincts, of flexibility, innovation, and problem solving.



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