3. Phase 3
Two great men were born in the year 1564; one was William Shakespeare in England, the other was Galileo Galilei in Italy.  When Shakespeare writes about the drama of power in his own age, he twice brings the scene to the Republic of Venice: once in the Merchant of Venice and then in Othello.  This is because in 1600 the Mediterranean was still the centre of the world, and Venice was the hub of the Mediterranean.  And here ambitious men came to work, because they were free to work without restraint: merchants, and adventurers, and intellectuals, a host of artists and artisans crowded these streets, as they do now.
J Bronowski
The period from the age of Shakespeare and Galileo through the next four centuries to the present, defines the third phase of cultural evolution. 
This has seen the development of technologies such as the clock, the microscope, the steam engine, the discoveries of physics, microbiology and chemistry, and their applications to civil engineering, medicine and warfare.  Then there are the inventions of business techniques to support the marketing of mass production, such as the cheque and the stock exchange.  Ideas of humanitarianism have asserted the principle of human freedom and rights and the parliamentary system.
All of these European innovations have spread throughout the world.  Paradoxically, Europe is now on the retreat at the moment when the industrial way of life that was originally developed by Europeans is taking over the planet. This involves the adoption of consumerism as a powerful cultural force, but consumer demand linked with population growth also spreads the seeds of long- term unsustainabilty all over the world.  In other words, we are on the threshold of the fourth phase of cultural evolution which will inevitably involve adjusting human wants downwards to match a flow of resources that planet Earth can supply.