Jeremy Rifkin: "The Zero Marginal Cost Society: The Internet Of Things, The Collaborative Commons, And The Eclipse Of Capitalism" (Diane Rehm Show)

Capitalism has been the dominant economic system in the U.S. for centuries. But economist and social theorist Jeremy Rifkin says a battle is under way between capitalism and a new economic paradigm. It will be drawn out and hard fought. But he predicts that capitalism will inevitably lose, existing only at the edges of economic life. In its place will be a hybrid system based on the sharing of goods and services. Rifkin argues this is being brought about by advances in technology and communications that are dramatically lowering the cost of those goods and services. A discussion about how the Internet is radically transforming our economy and way of life.

Interview:  http://thedianerehmshow.org/shows/2014-03-31/jeremy-rifkin-zero-marginal-cost-society-internet-things