The Zero Marginal Cost Society - Revision history

Stan at 00:53, 13 August 2020

2020-08-13T00:53:10Z

← Older revision		Revision as of 20:53, 12 August 2020
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	{{NBS}}http://www.thezeromarginalcostsociety.com/		{{NBS}}http://www.thezeromarginalcostsociety.com/
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	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.		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.		: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.

Stan at 00:51, 13 August 2020

2020-08-13T00:51:23Z

← Older revision		Revision as of 20:51, 12 August 2020
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	{{NBS}}http://www.thezeromarginalcostsociety.com/		{{NBS}}http://www.thezeromarginalcostsociety.com/
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			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.

	== Info ==		== Info ==

Stan: Created page with "{{NBS}}http://www.thezeromarginalcostsociety.com/ ---- == Info == *[http://www.thezeromarginalcostsociety.com/pages/Milestones.cfm Jeremy Rifkin’s Economic and Social Theo..."

2020-08-13T00:44:59Z

Created page with "{{NBS}}http://www.thezeromarginalcostsociety.com/ ---- == Info == *[http://www.thezeromarginalcostsociety.com/pages/Milestones.cfm Jeremy Rifkin’s Economic and Social Theo..."

New page

{{NBS}}http://www.thezeromarginalcostsociety.com/
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== Info ==
*[http://www.thezeromarginalcostsociety.com/pages/Milestones.cfm Jeremy Rifkin’s Economic and Social Theories]
*[http://www.thezeromarginalcostsociety.com/pages/Press--Articles.cfm Press & Articles]

== See Also ==
*[[Jeremy Rifkin]]