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Understanding “New Power”

Understanding “New Power”
We all sense that power is shifting in the world. We see increasing political protest, a crisis in representation and governance, and upstart businesses upending traditional industries. But the nature of this shift tends to be either wildly romanticized or dangerously underestimated. There are those who cherish giddy visions of a new techno-utopia in which increased connectivity yields instant democratization and prosperity. The corporate and bureaucratic giants will be felled and the crowds coronated, each of us wearing our own 3D-printed crown. There are also those who have seen this all before. Both views are wrong. Old power works like a currency. New power operates differently, like a current. The battle and the balancing between old and new power will be a defining feature of society and business in the coming years. New Power Models Power, as British philosopher Bertrand Russell defined it, is simply “the ability to produce intended effects.” Sharing and shaping. Funding. Producing.

https://hbr.org/2014/12/understanding-new-power

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