An edition of The Zero Marginal Cost Society (2014)

The Zero Marginal Cost Society

the internet of things, the collaborative commons, and the eclipse of capitalism

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Last edited by MARC Bot
March 7, 2023 | History
An edition of The Zero Marginal Cost Society (2014)

The Zero Marginal Cost Society

the internet of things, the collaborative commons, and the eclipse of capitalism

  • 3.00 ·
  • 1 Rating
  • 9 Want to read
  • 0 Currently reading
  • 4 Have read

The capitalist era is passing -- not quickly, but inevitably. Rising in its wake is a new global collaborative Commons that will fundamentally transform our way of life. Ironically, capitalism's demise is not coming at the hands of hostile external forces. Rather, The Zero Marginal Cost Society argues, capitalism is a victim of its own success. Intense competition across sectors of the economy is forcing the introduction of ever newer technologies. Bestselling author Jeremy Rifkin explains that this competition is boosting productivity to its optimal point where the marginal cost of producing additional units is nearly zero, which makes the product essentially free. In turn, profits are drying up, property ownership is becoming meaningless, and an economy based on scarcity is giving way to an economy of abundance, changing the very nature of society. Rifkin describes how hundreds of millions of people are already transferring parts of their economic lives from capitalist markets to global networked Commons. "Prosumers" are producing their own information, entertainment, green energy, and 3-D printed products at nearly zero marginal cost, and sharing them via social media sites, rentals, redistribution clubs, bartering networks, and cooperatives. Meanwhile, students are enrolling in massive open online courses (MOOCs) that also operate at near-zero marginal cost. And young social entrepreneurs are establishing ecologically sensitive businesses, crowdsourcing capital, and even creating alternative currencies in the new sharable economy. As a result, "exchange value" in the marketplace -- long the bedrock of our economy -- is increasingly being replaced by "use value" on the collaborative Commons. In this new era, identity is less bound to what one owns and more to what one shares. Cooperation replaces self-interest, access trumps ownership, and networking drubs autonomy. Rifkin concludes that while capitalism will be with us for at least the next half century, albeit in an increasingly diminished role, it will no longer be the dominant paradigm. We are, Rifkin says, entering a world beyond markets where we are learning how to live together collaboratively and sustainably in an increasingly interdependent global Commons. - Publisher.

Publish Date
Language
English
Pages
356

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Previews available in: English

Edition Availability
Cover of: The Zero Marginal Cost Society
The Zero Marginal Cost Society: the internet of things, the collaborative commons, and the eclipse of capitalism
2014, Palgrave MacMillan, St. Martin's Press
Hardcover in English

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Book Details


Table of Contents

The great paradigm shift from market capitalism to the collaborative commons
Part one : The untold history of capitalism.
The European enclosures and the birth of the market economy
The courtship of capitalism and vertical integration
Human nature through a capitalist lens
Part two : The near zero marginal cost society.
Extreme productivity, the internet of thing, and free energy
3D printing: from mass production to production by the masses
MOOCs and a zero marginal cost education
The last worker standing
The ascent of the prosumer and the build-out of the smart economy
Part three : The rise of the collaborative commons.
The comedy of the commons
The collaboratists prepare for battle
The struggle to define and control the intelligent infrastructure
Part four : Social capital and the sharing economy.
The transformation from ownership to access
Crowdfunding social capital, democratizing currency, humanizing entrepreneurship, and rethinking work
Part five : The economy of abundance.
The sustainable cornucopia
A biosphere lifestyle
Afterword : A personal note

Edition Notes

Published in
New York

Classifications

Library of Congress
HB501.R555 2014, HB501 .R555 2014, HB501 .R55 2015

The Physical Object

Format
Hardcover
Pagination
356 p.
Number of pages
356
Dimensions
25 x x centimeters

ID Numbers

Open Library
OL25607804M
Internet Archive
zeromarginalcost0000rifk
ISBN 10
1137278463
ISBN 13
9781137278463
LCCN
2013033940
OCLC/WorldCat
913199876, 857356590

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History

Download catalog record: RDF / JSON / OPDS | Wikipedia citation
March 7, 2023 Edited by MARC Bot import existing book
December 22, 2022 Edited by MARC Bot import existing book
December 10, 2022 Edited by ImportBot import existing book
December 7, 2022 Edited by MARC Bot import existing book
August 1, 2014 Created by Emma C. Moore Added new book.