Browsed by
Tag: Zero Marginal Cost

Jeremy Rifkin on the Fall of Capitalism and the Internet of Things

Jeremy Rifkin on the Fall of Capitalism and the Internet of Things

We are just beginning to glimpse the bare outlines of an emerging new economic system, the collaborative commons. This is the first new economic paradigm to emerge on the world scene since the advent of capitalism and socialism in the early 19th century. So it’s a remarkable historical event. It has long-term implications for society. But what’s really interesting is the trigger that’s giving birth to this new economic system. The trigger is something called zero marginal cost. Now, marginal…

Read More Read More