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In The Zero Marginal Cost Society: The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism, 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.[1][2]

See also[edit]

  1. ^ Rifkin, Jeremy (2014). The Zero Marginal Cost Society: The Interet of Things, the Collaborative Commons, and the Eclipse of Capitalism. New York: Macmillan.
  2. ^ "The Office of Jeremy Rifkin". {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)