In order to prevent a sudden and catastrophic collapse of the capitalist system, a Universal Basic Income (UBI) will be required to stabilize a transitional hybrid economy as it moves towards a Commons.
The global economy is going through profound changes that may well bring the Era of Capitalism to an end — through a convergence of revolutions in communication technologies, logistics, and manufacturing. Author and trend analyst, Jeremy Rifkin, explores this transition in depth in his book The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism.
The collaboratively created commons have entered our lives! thanks to millions of people collaborating we can consult the largest encyclopedia ever compiled, use smartphones, share trips and housing...
One of todays most influential technology commentators and social theorists, Jeremy Rifkin thinks that the next Industrial Revolution will be driven by the Internet of Things and the emergence of the collaborative commons.
Enabling the collaborative commons with software which emulates living systems | Crowdfunding is a democratic way to support the fundraising needs of your community. Make a contribution today!
Jeremy Rifkin talks at the speed of a visionary who sees the path to salvation, and knows the entrance gate is on a timer. As President of the Foundation on Economic Trends and author of 20 books on the impact of scientific and technological changes on our economy, society and planet, he’s well aware of the problems facing humanity: “We had five extinctions in 450 million years: there was a sudden shift in the chemistry and temperature of the planet and each time it took about 10 million years to get back that biodiversity. We're now in the real-time sixth extinction.”
This article is a follow-up to The Obsolescence of Capitalism: And the Transition to a Resource Based Economy, which examined the effects of ongoing social and technological trends on the capitalist economic system, and the potential for humanity to restructure society and move from a system of scarcity to one of global abundance. While the previous article presented a long-term vision for transitioning towards an alternative Resource Based Economy of abundance, this article will examine the more immediate conditions affecting society and how, over the coming years and decades, the capitalist market will increasingly be eclipsed, circumvented and overshadowed by an emerging Collaborative Commons.
After re-purposing CAPTCHA so each human-typed response helps digitize books, Luis von Ahn wondered how else to use small contributions by many on the Internet for greater good.
The technological advancements of the last decade have allowed disparate organizations around the world to become increasingly interconnected. More than that, they have opened the doors to a mutual, global influence across industries, and ushered in a new era of collaboration that wouldn’t have been possible twenty years ago.
Navigate the Sharing Economy Like a Pro Men's Fitness Though many have criticized it as unreliable or unsafe, the six-year-old company is the darling of Silicon Valley's burgeoning “collaborative economy.”
Anna Simpson asks Jeremy Rifkin how an era of nearly free goods and services could lead to a more efficient global economy. Jeremy Rifkin talks at the speed of a visionary who sees the path to salvation, and knows the entrance gate is on a timer.
Last year, following a very brief visit to The Anarchist Bookfair, I went to a squat in Hackney. Quite an impressive squat, a crumbling Georgian mansion, a Grade II listed building. In one corner c...
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