Radical new economic system will emerge from collapse of capitalism
Political adviser and author Jeremy Rifkin believes that the creation of a super internet heralds new economic system that could solve society’s sustainability challenges
EXTRACT
What about the concern that the end of capitalism would lead to chaos? Rifkin believes the gap left by the disappearance of major corporations will be filled by the nonprofit sector.
ROBERT STEELE: Rifkin is brilliant at the fad level and we are lucky to have him as a voice that the public can hear. Where he falls flat is in relation to holistic analytics, true cost of production, and open source everything engineering. Anyone who can say that business has succeeded wildly in lowering the costs of production is clearly out of touch with the true cost of production.
See Also:
Analytics @ Phi Beta Iota
Open Source @ Phi Beta Iota
True Cost @ Phi Beta Iota