Peter Drucker discusses the twenties in Vienna (in German), his apprenticeship at a Hamburg trading company (in German), his participation in the Keynes seminar in Cambridge in 1934/35 (in German), "globalization" and e-commerce, static models in macroeconomics and politics, and the American model of shareholder capitalism. Also to be heard: Why knowledge will be the capital of the future, why Newt Gingrich is wrong when he counts Drucker as part of the "Austrian School of Economics" around Hayek and Mises, why social problems will result from the rise of the new class of "knowledge workers", what the real secret of success of the American economy consists in, and why there will be no stable governments in the next few decades.

VIDEO:

To be seen: How Peter Drucker describes himself as a "loner" and "workaholic" (in German), how he explains the paradoxon of rising productivity and sinking employment rates, why we will nevertheless support industries with sinking employment rates for social reasons, why Drucker thinks little of conventional business analyses ("Companies don't make money, companies make shoes"), and finally, why success cannot be planned.