Reed Hundt and Charles Firestone in the Campus of Network Economy - Essay Example

Firestone is the executive director of the Aspen Institute Communications and Society Program and has worked extensively on how new communications policy models are important. With the globalization of the economy, it is necessary for all people to remember to be aware of other cultures, their technologies, and their ability to communicate and be socio-economic when dealing with other countries. As an attorney, he worked at the Federal Communications Commission as well. He has also penned several books including Digital Broadcasting and the Public Interest and Television and Elections.

Hundt and Firestone delivered a message that discussed that the network economy is part of the economy in which it is part of the society of information. Nothing is localized anymore. Especially with communication through social media, there is information available to people at any given time, all across the world. Of course, with Firestone’s background as an attorney, he offered information discussing the different policies across the world. Although each country may be working together, each one may have different policies in regards to the economy.

Every country has its own set of laws and it is important to be mindful of them. In this discussion, it was quite informative that in regards to a network economy, the value of the economy is shared by all of the members of a network rather than all of the individual companies. Every network is on a grid of power in the economy and a country that will be successful is one that has state-of-the-art electronics in its infrastructure. Connecting logistically across the globe is imperative to a successful economy and since countries, all over the world are so directly reliant on each other, there is no turning back.

Business and communication are all tied together across the world. No matter what time zone we are in, there is business and communication going on at all hours of the day, and any country that wants to maintain success must be able to cooperate with other countries and respect globalization.