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Oliver Fiechter (born April 30, 1972) is a Swiss economic philosopher, digital business model innovatonist, management visionaire, entrepreneur, and author of the books We Are The Economy! (2012) and Rise of the Digital Tribal Society (2016). In his 2012 book, he describes an economic philosophy of ‘Economy 3.0’ as a principle of need satisfaction and a new way of working together that reflects this fundamental change. Economy 3.0 is an economy that is decentrally controlled by people. Put simply, Economy 1.0 can be described as agriculture. The Economy 2.0 is the industrial society and Economy 3.0 is the service society. Each economy level includes shares of the others. The significant difference is this: Economy 2.0 was about eliminating scarcity. In Economics 3.0, the goal is to deal with the abundance. Fiechter has the vision of a future global economic and social order, defined by a transparent digital barter society, based on reciprocity, equality, and cooperation instead of competition. Based on the ‘Economy 3.0’ theory Fiechter invented a management-, strategy- and controlling-methodology for human-centered corporate management. Furthermore, Fiechter is the founder of the ISG Institute in St. Gallen and General Director of M&H Equity AG, an private equity investment company that operates internationally and with a unique methodology that can identify risks and potentials in companies based on the soft factors. For the Carlo Foundation, by the Liechtenstein government, he developed a rating approach for the sustainable rating and valuation of financial products. On behalf of the Austrian Chamber of Commerce, he developed the hidden champion 3.0 award, which rates export-oriented companies according to the rating criteria of the economy 3.0. Fiechter has been involved with his project Peerworld of the Clinton Global Initiative since 2016. (Source: DBPedia)
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