The Zero Marginal Cost Society
The Internet of Things, the Collaborative Commons, and the Eclipse of Capitalism
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Narrated by:
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David Cochran Heath
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By:
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Jeremy Rifkin
About this listen
In The Zero Marginal Cost Society, New York Times bestselling author Jeremy Rifkin argues that the capitalist era is passing—not quickly, but inevitably. The emerging Internet of Things is giving rise to a new economic system that will transform our way of life.
In this provocative new book, Rifkin argues that the coming together of the Communication Internet with the fledgling Energy Internet and Logistics Internet in a seamless twenty-first-century intelligent infrastructure—the Internet of Things—is boosting productivity to the point where the marginal cost of producing many goods and services is nearly zero, making them essentially free. The result is that corporate profits are beginning to dry up, property rights are weakening, and the conventional mind-set of scarcity is slowly giving way to the possibility of abundance. The zero marginal cost phenomenon is spawning a hybrid economy—part capitalist market and part “collaborative commons”—with far-reaching implications for society.
Rifkin describes how hundreds of millions of people are already transferring parts of their economic lives from capitalist markets to what he calls the global Collaborative Commons. “Prosumers” are making and sharing their own information, entertainment, green energy, and 3-D printed products at near zero marginal cost. They are also sharing cars, homes, clothes, and other items via social media sites, redistribution clubs, and cooperatives at low or near zero marginal cost. Students are even enrolling in free MOOCs, massive open online courses that operate at near zero marginal cost. And young social entrepreneurs are establishing ecologically sensitive businesses using crowd funding as well as creating alternative currencies in the new sharing economy. In this new world, social capital is as important as financial capital, access trumps ownership, cooperation supersedes competition, and “exchange value” in the capitalist marketplace is increasingly replaced by “sharable value” on the Collaborative Commons.
Rifkin concludes that while capitalism will be with us for the foreseeable future, albeit in an increasingly diminished role, it will not be the dominant economic paradigm by the second half of the twenty-first century. We are, Rifkin says, entering a world beyond markets, where we are learning how to live together in an increasingly interdependent global Collaborative Commons.
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Age of Discovery explores a world on the brink of a new Renaissance and asks: how do we share more widely the benefits of unprecedented progress? How do we endure the inevitable tumult generated by accelerating change? How do we each thrive through this tangled, uncertain time? From gains in health, education, wealth and technology to crises of conflict, disease and mass migration, the similarities between today's world and that of the 15th century are both striking and prophetic: we have been here before.
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A monotonous text disguised as casual reading.
- By Rob on 07-29-16
By: Ian Goldin, and others
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Machine, Platform, Crowd
- Harnessing Our Digital Future
- By: Erik Brynjolfsson, Andrew McAfee
- Narrated by: Jeff Cummings
- Length: 10 hrs and 57 mins
- Unabridged
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In The Second Machine Age, Andrew McAfee and Erik Brynjolfsson predicted some of the far-reaching effects of digital technologies on our lives and businesses. Now they’ve written a guide to help listeners make the most of our collective future. Machine | Platform | Crowd outlines the opportunities and challenges inherent in the science fiction technologies that have come to life in recent years, like self-driving cars and 3D printers, online platforms for renting outfits and scheduling workouts, or crowd-sourced medical research and financial instruments.
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Both How AND Why for Techies
- By Dan Collins on 08-11-17
By: Erik Brynjolfsson, and others
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The Entrepreneurial State
- Debunking Public vs. Private Sector Myths
- By: Mariana Mazzucato
- Narrated by: Callie Beaulieu
- Length: 9 hrs and 33 mins
- Unabridged
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In this sharp and controversial international best seller, an award-winning economist debunks the pervasive myth that the government is sluggish and inept, and at odds with a dynamic private sector. She reveals in detailed case studies that the opposite is true: The state is, and has been, our boldest and most valuable innovator. Denying this history is leading us down the wrong path. A select few get credit for what is an intensely collective effort, and the US government has started disinvesting from innovation.
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Myth Breaker-a new model for innovation
- By Carl A. Gallozzi on 12-12-20
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Connectography
- Mapping the Future of Global Civilization
- By: Parag Khanna
- Narrated by: Paul Boehmer
- Length: 16 hrs and 13 mins
- Unabridged
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In Connectography, visionary strategist Parag Khanna travels from Ukraine to Iran, Mongolia to North Korea, Pakistan to Nigeria, and across the Arctic Circle to explain the unprecedented changes affecting every part of the planet. He shows how militaries are deployed to protect supply chains as much as borders, and how nations are less at war over territory than engaged in tugs-of-war over pipelines, railways, shipping lanes, and Internet cables. The new arms race is to connect to the most markets.
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Fluffy and Pretentious
- By Kurt Emery Matson on 12-01-16
By: Parag Khanna
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The Impulse Society
- America in the Age of Instant Gratification
- By: Paul Roberts
- Narrated by: Edoardo Ballerini
- Length: 9 hrs and 39 mins
- Unabridged
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Paul Robert digs down to the economic roots of the problem, shows how it has metastisized to affect every facet of our lives and our ability to navigate the future. In clear, cogent prose that mixes illuminating analysis and vibrant reporting, Roberts not only tells the fascinating story of how the impulse society came to be, but shows how, perhaps, a healthier society may still be possible.
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A Must-Listen for Millenials
- By Doug - Audible on 03-31-15
By: Paul Roberts
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The Great Reset
- How New Ways of Living and Working Drive Post-Crash Prosperity
- By: Richard Florida
- Narrated by: Eric Conger
- Length: 6 hrs and 49 mins
- Unabridged
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We tend to view prolonged economic downturns, such as the Great Depression of the 1930s and the Long Depression of the late 19th century, in terms of the crisis and pain they cause. But history teaches us that these great crises also represent opportunities to remake our economy and society and to generate whole new eras of economic growth and prosperity.
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glorification of City Life
- By Ryan Riggs on 11-25-20
By: Richard Florida
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Postcapitalism
- A Guide to Our Future
- By: Paul Mason
- Narrated by: Gildart Jackson
- Length: 13 hrs and 42 mins
- Unabridged
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Over the past two centuries or so, capitalism has undergone profound changes - economic cycles that veer from boom to bust - from which it has always emerged transformed and strengthened. Surveying this turbulent history, Paul Mason's Postcapitalism argues that we are on the brink of a change so big and so profound that this time capitalism itself, the immensely complex system within which entire societies function, will mutate into something wholly new.
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some good ideas...
- By "ge-ko" on 06-19-16
By: Paul Mason
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What to Do When Machines Do Everything
- How to Get Ahead in a World of AI, Algorithms, Bots, and Big Data
- By: Malcolm Frank, Paul Roehrig, Ben Pring
- Narrated by: Eric Jason Martin
- Length: 7 hrs and 28 mins
- Unabridged
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What to Do When Machines Do Everything is a guidebook to succeeding in the next generation of the digital economy. When systems running on artificial intelligence can drive our cars, diagnose medical patients, and manage our finances more effectively than humans, it raises profound questions on the future of work and how companies compete.
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Assumes that machine learning will grow very slow
- By Nathan Burnham on 05-06-17
By: Malcolm Frank, and others
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The Well-Tempered City
- What Modern Science, Ancient Civilizations, and Human Nature Teach Us About the Future of Urban Life
- By: Jonathan F. P. Rose
- Narrated by: Barry Abrams
- Length: 14 hrs and 18 mins
- Unabridged
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Cities are birthplaces of civilization; centers of culture, trade, and progress; cauldrons of opportunity - and the home of 80 percent of the world's population by 2050. As the 21st century progresses, metropolitan areas will bear the brunt of global megatrends such as climate change, natural resource depletion, population growth, income inequality, mass migrations, and education and health disparities, among many others.
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The best way to save the future is to look at the past
- By Kate on 10-01-22
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The World Is Flat
- Further Updated and Expanded
- By: Thomas L. Friedman
- Narrated by: Oliver Wyman
- Length: 27 hrs and 15 mins
- Unabridged
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When scholars write the history of the world twenty years from now, what will they say was the most crucial development in the first few years of the twenty-first century? The attacks on the World Trade Center on 9/11 and the Iraq war? Or the convergence of technology and events that allowed India, China, and so many other countries to become part of the global supply chain for services and manufacturing, creating an explosion of wealth in the middle classes of the world's two biggest nations?
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If you like cliches...
- By Jonathan Shultz on 09-08-07
What listeners say about The Zero Marginal Cost Society
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Amazon Customer
- 01-20-19
Great Read
Although really long but still a very insightful and informative read for those interested in how economics, technology & environmental challenges will all converge to shape our future choices
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- Ignacio.osio
- 12-12-16
eye opening
you can see this evolution happening. energy is the first shift. transportation , mobility and sharing. the new populism signals a crisis in capitalism
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- Parviz Minaei
- 03-20-16
The future!
Very factual indeed. But, when becoming the reality, then it might be too late to tackle the social, environmental and political side effects. Because, all of these changes comes through with a very high speed that almost nobody were prepared for it. It is too fast.
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- Lance
- 11-14-17
Promising Future Buuuuuuttttt
I'm a fan of Rifkin's work but in listening to this a few years after publication and it already feels dated. It feels like many other books on technology, promising much but not really able to show us the way or accurately foretell how it will play out. For instance, his schtick on the future of education and the promise of MOOCs seems to have fallen flat (or at best serving those with already educational experiences). Heath's narration is solid and easy to pay attention to. He keeps the text interesting with good pacing and tone. AUDIBLE 20 REVIEW SWEEPSTAKES ENTRY.
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- Billy V
- 02-07-17
interesting perspective
the material is mind expanding while there is much with which the reader can find fault.
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- MLW
- 07-02-16
provocative ideas about the TIR
TIR (third industrial revolution) is how Rifkin refers to the emerging collaborative economy. In this economy, thanks to 3D printing, solar and wind power, and the internet , he anticipates and unbundling of capitalist structures towards more collaborative regimes .
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1 person found this helpful
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- wjf
- 08-06-18
Meh
I thought Jeremy Rifkin has some really great points, but then deviates and stretches in a few areas well past what seems intuitively reasonable. The narrating was a bit tough to listen to as it sounded like a pedantic professor whose class I'd probably want to opt out of (or only show up for the exams).
Some really interesting and provocative thoughts, but 14 hours was far too long. If there were a 3 hour cliff-notes version, I'd recommend that instead.
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- mahoneko
- 08-19-15
Must read for everyone.
If you're slaving away hoping to be promoted in future you might want to consider it your job, company or even economy will still be here in 20 years time.
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- Andy
- 05-02-14
reasonable survey of an important trend
I enjoyed listening to this book. Rifkin lays out a key trend that is evolving. He does however, push this "zero marginal" cost a little too much. By this I mean he infrequently reminds the reader of the high fixed costs required to operate at close to zero marginal cost.
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2 people found this helpful
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- Tracy
- 04-22-17
The most important book I've read...
Would you recommend this audiobook to a friend? If so, why?
This is the most important book I’ve read predicting the future of our economy, new tech and energy businesses, and social enterprises that will drive the 3rd economic revolution. Sure there are holes as some readers mentioned – you can’t cover every eventuality in a single book – but at it’s core this is the future. One reviewer called it sci-fi, but we see it happening everywhere we look and are already participating ourselves in many of these new sharing economy technologies and approaches to recycle, reuse, and share.
In the US our capitalist way of life is very ingrained, but in other parts of the world, the zero marginal cost economy, technologies, and ways of living may very well leapfrog many of the economic standards we take for granted today. I saw this happen with technology leapfrogging in China. I lived there during college when relatively few people were connected even by phones. Because of the timing of new technology and China’s ability and willingness to embrace it, much of the country went straight to wireless and as an added benefit China isn’t crisscrossed by thousands of miles of eyesore above ground phone lines. Countries that need to take advantage of the sharing economy Rifkin describes will very likely do so a lot faster than those of us who cling to our ingrained capitalist methods and they will benefit greatly from doing so. In time, we too will follow.
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2 people found this helpful