The Third Industrial Revolution and a Zero Marginal Cost Society (Jeremy Rifkin) | DLD16

[@rileynicholson2322]

I feel like he brought up climate change and inequality, then talked a lot without really addressing either. You could sum up his position as "it'll work itself out" or techno-optimism. Over here in reality, over 5 years later, it's pretty clear that natural/technological progress is not going to save us. Neither climate change nor inequality can be adequately addressed with a decentralized, disorganized, bottom-up approach. Both problems require action from governments, which requires serious political will, organization, and solidarity on the part of citizens in democratic nations. The technology to address climate change is largely not new. Some of the biggest changes we need to make are simply re-adopting old technologies. For example, the biggest improvements we can make to transportation are simply using old technology like public transit, rail (the real driverless technology), cycling, and walking more instead of building everything for space hungry and fuel hungry cars and trucks. Also just building our buildings close together and vertical instead of sprawling to the ends of the earth would help a lot, for both the efficiency of transport and the energy efficiency of the buildings. Likewise, the solution to inequality is old technology: progressive taxation, social reforms that favour workers, public healthcare and education, and direct redistribution of wealth if necessary. There is no fancy technological solution here, it's just good old fashioned social democracy with a strong welfare state like Nordic countries have now and countries like the US used to have. The future is about how we organize our society and economy. That's the real economic revolution we're going to see in coming decades, not the internet of things. Like previous revolutions before it, it will be as much political as technological, if not more.

[@philippedefossez2952]

Jeremy Rifkin's perspectives and insights on a rapidly changing socioeconomic reality can't be emphasized enough. Bottom line, and beneath a close view on all technological evolutionary leaps now up the exponential curve, his most impressive and informative analysis keeps a main focus on humanity's shifting collective consciousness obviously shifting from a unilateral geopolitical worldview towards a collateral, shared biosphere awareness and globally connective attitude. There's more to learn and to understand within this half hour presentation than through years of bought mainstream media attention and stagnating classical educational systems. This is what's actually happening out there, drawing a very near future probably even beyond his own broad imagination.

[@ADyingFaith]

I teared up at the end of this. I see this as what's going to enable the transition to a Natural Law Resource Based Economy.

[@youthleadermagazine]

Well done, Jeremy. THE START defines everything.

[@buffalo_chips9538]

If we survive to create this vision of RIfkin's, a Resource Based Economy will be the next logical step.

[@codrinvechiu2832]

I don't know what kids ask where the burger comes from,but I understand his point

[@youthforum4012]

Let's hope to understand others and work together for one open world.

[@dbjtaichun]

Absolutely brilliant.

[@sjoerdwiggemansen791]

Good NWO PROPAGANDA

[@Robescocia]

Brilliant glimpse of what is happening now and very similar to what TONY SEBA is also saying in a slightly different way!

[@atomharris]

It occurs to me that the Millenium Generation has made the decision that being an Interdependent focused on Completing Interests is a higher standard of maturity than being an Independent focused on Competing Interests. Isn't it amazing that there are so many more interesting solutions available to the Interdependent Mind than all the choices available for the Independent Mine! If the world is to have a future worth living, it must be built on "23 and We", not "23 and Me".

[@ivorubiomondragon5872]

Brilliant. This transition is surely one of the most important in our history as a species. Let's go! #teamhuman

[@CathyJCross57]

Bernie Sanders knows this genius. It's up to us to make sure this is on his agenda.

[@wildlifestationsbundanoon9689]

I love stranded assets!!! ;-)

[@panpiper]

33:24 He just blew most of his credibility. It is not and never has been a zero sum game. If it was a zero sum game, the world's wealth would have remained stagnant. The fact that it grew by leaps and bounds is absolute proof that it is not zero sum. I thought too he was economically ignorant at the start of his talk when he alluded that the cause of the 2008 collapse was oil prices. Oil prices react to boom and bust cycles in the market, they are a symptom, not a cause. The toxic assets created by the housing bubble would not have coasted along just fine if energy prices somehow managed to stay level and reasonable, the collapse would have happened regardless. I absolutely agree with him with the way he has laid out much of the architecture of the future economy. I disagree with him in his pessimism and his assertion that the 'Steve Jobs' of the world are somehow not what the world needs. He is a typical statist who thinks that somehow, despite all of his talk about lateral power, etc., that such developments need to be hierarchically imposed from above through the state. The reality is that all the state is likely to do with most of this is impede it. The change will happen not because of the state, but in spite of it. The developments and changes in the economy are going to be bottom up, not top down, and governments will fight it tooth and nail.

[@thedharmaofmarx4621]

You're libertarian?

[@NEMO-NEMO]

Peter Cohen Mr. Cohen, it might just be from the bottom up, but those 80 people he alluded to, in the beginning of his talk, need to be on board. As a matter of fact, all those top loaders that have big money, need to be on board. The “ grass roots” thing is not gonna work. This is all of us or not. You are just as much a pessimist as he, but he admits to it from the get go. It’s all of us. The state, the Feds, the banks, the blue workers, the white workers, the poor, rich, young and old, the Reds and the Blues.

[@Audiq23]

This is all about control..to round us up like sheep..this is why i still buy stick shifting, less computerized car, for more freedom not some jackass tryin to hack my driving..they want us to come cheap & stagnant while the big g takes all the loot..there are so called rich countries out there has high suicide rate because of stagnation with no hope to get ahead becoz of big government..& the manure case well think about the 19th century where everything is horse drawn, & the methane air is used to light up the parks..

[@rileynicholson2322]

To be fair, he was talking about a zero-sum mindset, which is pretty common for people his age. I didn't get the impression he was claiming the global economy was actually zero sum, just that boomers see it as zero sum compared to younger generations. Furthermore, fossil fuels pretty much are zero sum, there's limited reserves and they are not renewable, which explains a significant amount of the geopolitical actions of the USA for the last several decades. I agree on the 2008 thing, that was just nonsense. Oil prices didn't cause the crash, deregulation of the financial sector caused the crash. I disagree with your take on Steve Jobs types. The Tech Bro Billionaires will not save us and neither will fancy new technology. Genius is generally overrated. Entrepreneurs will exist in the future and technologies will mature, but the real challenges and solutions to the big problems facing humanity right now: climate change, ecological disaster, and economic inequality; will be political. We already have the technology to fix these problems, we don't need geniuses to discover them, we need the political momentum to actually implement the solutions. This doesn't require some top-down statist imposing of solutions on the people, for the most part it means governments getting out of the way of the right things. Eventually governments will be forced get on board, at least in democracies.

[@Lindenlc10]

Power to the People.

[@maxwellosei5393]

sounds scary, very smart man

[@Martijncvv]

I'm really interested in this topic and Decentralized Ledger Technology. Does anybody know a master study which is focused on these kinds of things?

[@gameon1951]

economics?

[@jaysmail]

There are a lot of assumptions being made here. It sounds amazing but the flaws begin when you use government money to pick winners and losers that commit to executing on the dream with limited resources and knowledge. The private market naturally fills these gaps. The best thing the government can do is highlight the need and reward success.

[@tapiokarhu4390]

FinallyOne who delivers outlines.

[@yvonnehyatt8353]

Please study - Joel Salatin and Bruce Lipton thanks 🌎❤️🙂

[@collinschultz3868]

Truth done manifested cocreated now worldwide

[@CathyJCross57]

Solar flares could really disrupt it all. How is that being addressed?

[@davisa.j4518]

emp-proofing.

[@jenniferdobelstein]

I guess thats what we got chemtrails for.. to prevent from the increasing solar flares.. literally putting earth some sunglasses on :)

[@niklas.bildsteinzaar706]

Incredible

[@jenniferdobelstein]

So.. if we are so far in Germany already.. why then do costs for electricity still keep increasing like crazy every year over here??! doesnt it need to go down then, too???

[@antwainclarke3406]

The problem with solar is that it works only when the sun shines. At night soar is useless. The entire grid has to be upgraded to even out fluctuations and disruptions. Germany is trying introduce new energy generation tech on top of an old system.

[@robertfournier7341]

They are trying to make up their lost on the back of those who have not change yet.

[@rhs9079]

If all the billionaires gave all their money away, they would have it back in 10 years. ..... paradigms are different. They are not afraid to change themselves to fit the situation and to make the move to make it happen.....

[@rileynicholson2322]

If that's true, seems logical to implement a wealth tax of a few percent per year, right? They will just make it all back, so what's the harm?

[@zoktoberfest]

Population growing is unlimited and unlimited demands will continue to be made on a limited planet. Your perspectives are definitive and critical to our understanding of where we are, where we should be, and where (if anywhere) we might be going. Every social and economic innovation that can be imagined will be undermined by overpopulation is the direct cause of climate change. Until you speak to that, you are attempting to solve the effects without addressing the cause.

[@ronmcfarlandUnika]

That's where women's education becomes important.

[@alancruz8356]

The opposite my friend. Is Population collapse. Population growth has declined mainly due to the abrupt decline in the global fertility rate from 5.0 in 1960 to 2.3 in 2020. The decline in the total fertility rate has occurred in every region of the world and is a result of a process known as demographic transition.

[@sjoerdwiggemansen791]

NWO FASCISME TALK in overwhelming way, Rifkin is old fashion German who speaks from the hart uncontrolled no backing then his knowledge in his mix of foreknowledge mixed with Hegellian ideas like the Social-fascism had , now in a new coat

[@NEMO-NEMO]

Sjoerd Wiggemansen what’s your ideas on the subject?

[@Sakboi2012]

why do you believe this?

[@ZTK-RC]

From the future in 2020: It didn't work and we are spiraling out of control

[@benitasuberbey7838]

Reduction in force kin?

[@ryanbarr4910]

He should have followed his comment about cattle causing climate change with: "with the exception of management intensive grazing": www.caes.uga.edu/newswire/story.html?storyid=5461

[@joshspry1]

Watching this in 2021. Bitcoin hit ATH of $62, 000. I believe this is going to happen.

[@TheFiveHKAAV]

So many false premises! The idea that there will be no costs is absolutely ludicrous. This shows a complete absence of reality and a fantastical grasp of human nature...

[@ronmcfarlandUnika]

How much do you pay for a photograph? The marginal (I always called variable cost) is close to zero. Not fixed cost or certainly total cost! We have to be careful with these terms.

[@guybusane1778]

haha My new book came out on pirate bay before we publish it and they rank it before amazon.

[@chobson8602]

weird bastard gdp is not slowing it is growing craxy fast

[@davelucas422]

+Chris Hobson Yes Chris, I'm sure your own foundation on economic trends is so much more professionally structured and well informed that Jeremy Rifkin's, and I'm very much looking forward to seeing your next book. By the way, its best not to use terms like 'craxy' in your narratives!

[@chobson8602]

Oh really Ireland gdp is growing amazingly quick in terms of exportation of goods. And the US productivity is increasing.

[@buffalo_chips9538]

The only growth in the US is on wallstreet the rest of the economy sucks. Ireland is already almost at 60% renewable cheap energy now and is chomping at the bit to get hydrogen infrastructure etc in place. Their leadership is MILES ahead of britain are will be 100% renewable by 2030 and free of all dependence of England for energy.

[@irhamf7636]

30.22

[@irhamf7636]

30:22

[@kristen790]

[@allysondee8999]

wrong. productivity is up--wages are down. and, learn real econ--not the antiquated gold standard rhetoric you learned in school...

[@Dogga10001]

Evolution is enevitble

[@a.thales7641]

I really want him to write a new book to be published 2018 or 2019. And i hope he lives a long live. At least until he is 80.

[@rikda]

"We have a $25 smart phone with more technology that it took to put a man on the moon" 'nuff said.

[@amitgeambashu2592]

You are cool .