The fall of the Berlin Wall marked the end of the cold war between the US and Russia. The balance of power tipped toward nations advocating democracy, consensual and free market governance. You need capitalism to create innovation. India socialism had taken them to a point where they only had $1 billion in foreign reserve. Today, because of trade liberalization and free market capitalism, India has $118 billion in foreign reserve. Freedom flattens across all societies: more children, more literacy, more employment opportunities, more growth. The fall of communism opened the way for the formation of the European Union and the expansion of the euro, as the common currency. Information was more free and less of a monopoly. Personal computers, faxes machines, windows, and dial-up modems connected to a global network came together to form a platform for a global information revolution, says Craig J. Mundie. With a platform in place, applications drove the diffusion far and wide, into corporate computing. Millions of developers wrote applications for Windows to improve productivity. An interoperable way needed to be developed to communicate between different networks and operating systems. A standard for sharing needed to be established, the World Wide Web.[Learn More ...]

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