ABSTRACT
The most obvious and maligned force, which sends a shiver down most people's spines, is the disruptive power of deregulated, interconnected global financial markets, which swill around the world in pursuit of shareholder value. The modern economy's most impressive feature is its ability to create streams of new products and services. The spectacular growth of organized science, the consequent acceleration of technological change and the speed at which new ideas are translated into commercial products distinguish our era from previous ones. Collaboration is the driving force behind creativity. That is why social capital, to promote collaboration, is the third motive force of the new economy. Three forces are driving modern economies — finance, knowledge and social capital. It is no coincidence that all are intangible: they cannot be weighed or touched, they do not travel in railway wagons and cannot be stockpiled in poets. Markets and communities, companies and social institutions should be devoted to that larger goal.
