In The Zero Marginal Cost Society, New York Times bestselling author Jeremy Rifkin describes how the emerging Internet of Things is speeding us to an era of nearly free goods and services, precipitating the meteoric rise of a global Collaborative Commons and the eclipse of capitalism. Rifkin uncovers a paradox at the heart of capitalism that has propelled it to greatness but is now taking it to its death—the inherent entrepreneurial dynamism of competitive markets that drives productivity up and marginal costs down, enabling businesses to reduce the price of their goods and services in order to win over consumers and market share. (Marginal cost is the cost of producing additional units of a good or service, if fixed costs are not counted.) While economists have always welcomed a reduction in marginal cost, they never anticipated the possibility of a technological revolution that might bring marginal costs to near zero, making goods and services priceless, nearly free, and abundant, and no longer subject to market forces. Now, a formidable new technology infrastructure—the Internet of things (IoT)—is emerging with the potential of pushing large segments of economic life to near zero marginal cost in the years ahead. Rifkin describes how the Communication Internet is converging with a nascent Energy Internet and Logistics Internet to create a new technology platform that connects everything and everyone. Billions of sensors are being attached to natural resources, production lines, the electricity grid, logistics networks, recycling flows, and implanted in homes, offices, stores, vehicles, and even human beings, feeding Big Data into an IoT global neural network. Prosumers can connect to the network and use Big Data, analytics, and algorithms to accelerate efficiency, dramatically increase productivity, and lower the marginal cost of producing and sharing a wide range of products and services to near zero, just like they now do with information goods. Rifkin concludes that capitalism will remain with us, albeit in an increasingly streamlined role, primarily as an aggregator of network services and solutions, allowing it to flourish as a powerful niche player in the coming era. We are, however, says Rifkin, entering a world beyond markets where we are learning how to live together in an increasingly interdependent global Collaborative Commons. --macmillan.com About the Author: Jeremy Rifkin is the bestselling author of twenty books on the impact of scientific and technological changes on the economy, the workforce, society, and the environment. He has been an advisor to the European Union for the past decade. Mr. Rifkin also served as an adviser to President Nicolas Sarkozy of France, Chancellor Angela Merkel of Germany, Prime Minister Jose Socrates of Portugal, Prime Minister Jose Luis Rodriguez Zapatero of Spain, and Prime Minister Janez Janša of Slovenia, during their respective European Council Presidencies, on issues related to the economy, climate change, and energy security. Mr. Rifkin is a senior lecturer at the Wharton School's Executive Education Program at the University of Pennsylvania where he instructs CEOs and senior management on transitioning their business operations into sustainable Third Industrial Revolution economies. Mr. Rifkin holds a degree in economics from the Wharton School of the University of Pennsylvania, and a degree in international affairs from the Fletcher School of Law and Diplomacy at Tufts University. This [email protected] talk was hosted by Boris Debic.
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Class 2 Chapters 1-2. An open course consisting of a close reading of the text of Marx's Capital Volume I in 13 video lectures by Professor David Harvey.
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http://stopmassincarceration.net --- http://revcom.us --- http://revolutionbooks.org Watch and share this short video promo for the October 22 protest shown at the beginning of this program http://youtu.be/GjkQXhehWZ0 FACEBOOK EVENT FOR OCTOBER 22 https://www.facebook.com/events/366711800154054/ UC Berkeley Boalt Law School, A Speak Out and Call To Action: Stop Mass Incarceration, Police Terror, Repression, and the Criminalization of a Generation Sponsors: Black Student Union, Iota Phi Theta Fraternity Inc., African-American Studies Department, Center for Race and Gender, Revolution Books, Stop Mass Incarceration Network Introduction: Destiny Iwuoma, Iota Phi Theta Fraternity Moderated by: Ula Taylor, professor African-American Studies Reiko Redmonde, Revolution Books Speakers: -Lateef Abdullah, formerly incarcerated in the SHU at Pelican Bay and Corcoran State Prisons -John Burris, civil rights attorney -Joey Johnson, Stop Mass Incarceration Network -Wanda Johnson, mother of Oscar Grant, murdered by BART police in Oakland -Sharlana Turner, San Francisco State Representative At Large, performing spoken word -Silvia Lopez, Mujeres Unidas y Activas -Nate Williams, formerly incarcerated at San Quentin Adjustment Center -Mylo Mu & Gabrielle Shuman, Co-chairs of the Black Student Union, UC Berkeley -Anita Wills, author and activist -Rafael, Bay Area Revolution Club -Sarah Scollay, Stop Mass Incarceration Network, performing spoken word Today we pledge: Black lives matter. Latino lives matter. All lives matter. Mass incarceration: WE SAY NO MORE! Police murder: WE SAY NO MORE! Torture in the prisons: WE SAY NO MORE! Criminalization of generations: WE SAY NO MORE! Attacks on immigrants: WE SAY NO MORE! We will NOT be silent. We WILL resist! Until these shameful horrors really are... NO MORE!
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