The Third Industrial Revolution: A Radical New Sharing Economy
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- Опубликовано: 13 май 2024
- The global economy is in crisis. The exponential exhaustion of natural resources, declining productivity, slow growth, rising unemployment, and steep inequality, forces us to rethink our economic models. Where do we go from here? In this feature-length documentary, social and economic theorist Jeremy Rifkin lays out a road map to usher in a new economic system.
A Third Industrial Revolution is unfolding with the convergence of three pivotal technologies: an ultra-fast 5G communication internet, a renewable energy internet, and a driverless mobility internet, all connected to the Internet of Things embedded across society and the environment.
This 21st century smart digital infrastructure is giving rise to a radical new sharing economy that is transforming the way we manage, power and move economic life. But with climate change now ravaging the planet, it needs to happen fast. Change of this magnitude requires political will and a profound ideological shift.
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I am 81 and find this so exciting I will have to play it 50 times to try and remember some of it. Go future generations.
God bless u!!!
I'm 66, & I reckon you've been practiceing this, like me, for most of your life.
Your life experiences, are familiar to me, via my parents & their parents, along with most of the folks I've known in my life.
Well done you, for getting ahead of the curve, unconsciously, and being sensable enough to have some measure of foresight & acting on it. 👍👌😊🙏
We got this 🤝
@Chuck Manson wow to go. You have lived long enough to see the start of the change. Keep going
I’ve been watching this video for 2 years, anyone watching this on 2020? It’s amazing, I’m speechless.
Its now the fourth industrial revolution.
Big Knowledge and it has only just started
Will it outpace our ability to absorb it?
Do we have enough intelligence not to fight it?
Or shall we fall back to greed and destroy
That which we have created....
@@steveepic5957 There is no fourth industrial revolution higheredstrategy.com/there-is-no-fourth-industrial-revolution/
@@dominicsnow4164 Me too mate. I think the part he missed was batteries. And with elon musk announcing vehicle to grid we are looking at storage for energy meaning renewable energy is a viable option. You can sell power during peak times thus making money. The new battery coming can be made with out drying out the lithium reducing time on production and I'm told this dry process increases battery efficiency by 30 percent. This is achieved by reducing heat generated during energy transfer.
To add to the point a little more. If we flatten the peak energy demand by supply more power it will help lower the power price cause you don't have coal/gas power plants producing energy during peak times. This is the reason why our power is expensive. Something ya'll probably already know. :)
I think we're very lucky to have people who think this way in our time, to help steer the course. It's a beautiful and terrifying time to be alive. We need to make it count.
This kind of people are dangerous! Because they motto is: do what is day, dont do what i do! He and his best friends are the parasite of modern tines!
Humans "steering the course" is why we are in this situation. I've heard this same speech for decades.
People have left tons of great, articulate reviews. All I'll say is thank you Vice for getting this content to me. It took 4yrs, but you were the first. And videos like this make me wish RUclips had a ❤ button. Lastly, for this particular video, I wish a petition was in the description
Socialist..
@@NewLifeFromTheWayofTruth Such a typical, uneducated response. I dare you to elaborate on that and substantiate your enlightened view. I'm going to go out on a limb and guess you have no idea what you're referencing, nor do you have anything to offer, other than criticism. Prove me wrong 🤞🏼
@@NewLifeFromTheWayofTruth you will own nothing and you will be happy [or be killed] -Elites
And by the way.. who doesn’t want cars and wants to ride share instead?? Really?! 😂 not me
@@NewLifeFromTheWayofTruthjj😅
@@stephenboyd6230gyaftdffh dX red dr gdsft 51:08 f
I watched this without a single advert popping up. Good example. Jeremy is a gem!
Perhaps it is an add
God-universe-heart-earth devine
you got brainwashed for free idiot
@@juanshaftpatel7488 and you paid to be, IDIOT.
@@earthdaddy we get it... youre poor... probably blk too
Marxist of modern time
This was a fascinating talk. I would love to see a dispassionate, well-reasoned rebuttal from an equally qualified speaker.
Trouble is, all the rebuttal I'm seeing in this comments section is yelling "COMMUNISM!" & shitting on the floor. Real compelling, there.
i have watched half an hour and decided to stop, and it is fair to say that he didnt really go down the COMMUNISM rabbit hole, and the economic theories he referenced to were not from Karl Marx. Trouble is none of claims he is making really dove into depth of anything. He may have taken a couple economics classes. He proposed obvious solutions to outsiders. The only original so far is the one about aggregate efficiency, and, any undergraduate economics major student would tell you that his association of the thermodynamics coefficient in physics with economic growth is incredibly bizarre.
30 minutes was all I could take too. I feel sorry for those who HAD to attend because at least I can turn this off. Hes the kinda guy that thinks monetizing debt was a good thing I'm thinking.
I'm certainly not equally qualified, but that's the fallacy of authority, so here we go:
He mentions that Adam Smith's invisible hand is an adaptation of Newton's that 'every action has an equal and opposite reaction'. However the invisible hand says that pursuing your own personal benefit leads to others benefiting as well. Since both parties are benefiting, it would be hard to describe this as an 'opposite' reaction. And the invisible hand is never said to be equal in any way. So this comparison doesn't hold up to any scrutiny. Not to mention, the insinuation that the last 300 years of economists have just been parroting this notion and have never tested/analyzed/studied this concept of the invisible hand, is absurd. It is a well founded principle of economics and can be easily seen theoretically, empirically, and even anecdotally. Not to mention he invoke's the invisible hand later in the talk.
One more point on Adam Smith. He mentions young people tend to give things out for free on the internet, and as such are not acting out of self-interest, and thus must have never read Adam Smith. Despite the fact that giving away things for 'free', such as posting music on youtube, leads to donations, ad money, notoriety, attendance to (paid) shows, status...etc, is the invisible hand at work. Ignoring this, the speaker clearly hasn't read Smith's first book, which talks extensively about altruism.
He talks about oil prices and their connection with the financial crisis of 2008. The connection is never really explained beyond the classic fallacy of correlation and causation. Oil prices did indeed rise in 2008, and the economy did indeed collapse in 2008, but is this relationship causal? The general consensus is that it is related to the housing bubble in the US, and not global oil prices (and the speaker even references the housing bubble later in the talk). But, let us not appeal to consensus and instead think of counterpoints. If the collapse was due to oil prices, one would expect all countries dependent on oil to collapse at the same time. What actually happened was that the US collapsed, then the countries most closely economically tied to the US (the EU) collapsed, then the others. Secondly, there is no magical number where oil prices stop the market. Instead, as the price of oil goes up, the costs of oil related products goes up (and the speaker thinks that most the economy is oil related products), and profit margins and productivity go down. This was not the case in pre 2008 economy, which was soaring and oil prices were going up.
One of his main points of interest was the zero marginal rate. This may seem like a trivial point, but he clearly states that we can see activities today that have near-zero marginal rates. However, he then goes on to discuss zero marginal rate implications. Near-zero and zero are very different things. Activities with lower marginal rates are important and interesting, but discussing them as though they have zero marginal rates is deceptive and wrong.
He talks about ride sharing in the context of reducing pollution from cars. He mentions that cars spend most of their life sitting in parking lots and driveways. The insinuation is that this down time could be employed by someone else, and thus we would need less cars in the world. This is true, and likely to happen in the near future, but it has very little to do with pollution. The total miles driven by people collectively is the same, they just do it with less cars. Put differently, a car sitting in a parking lot or driveway isn't polluting anything.
I only got about half way through, and these are just some things that stuck out to me. He does make some good points about technology trends and where the near future may lie. I didn't mention anything political above, but his political insinuations and recommendations are troubling at best.
I stole all the replies to paste to reply to another fan boy on this page. The speaker has an appetite for sensationalism and/or has self-grandizing tendencies with minimal understanding. How is he speaking for VICE? His agent got him the job? Just goes to show that VICE is not interested in putting out content that are true, but only those that fit their narrative, but I think it may still be one of the better media orgranizations by comparison.
I got fed up right away with the "Global warming" Narrative. Most Scientists worth their salt know there is no Confirmed Science when it comes to climate. They merely come up with some numbers feed it into a machine to get the result theyre looking for then they tout it as Science. Then they want to convert those numbers and use it to apply carbon taxes to industries and countries they feel are the biggest offenders (have the most money) to extort money for the globalist agenda. Its all part of the "Top down bottom up."
The REAL Science is we are going into a "Polar magnetic shift/flip" and a "Solar minimum" at the same time (which is widely known by those who actually study this) which is causing/and going to cause lots of unusual weather and earthquakes famine floods etc...Just google it to get a general idea. The sad thing is it has nothing to do with anything manmade and there is absolutely nothing we can do to stop it. Of course THEY know this and are just waiting to say "See we told you this would happen." but it wont matter by then anyway.
Ask anyone who believes in "The Big Bang theory" this "Can you show me where the center from where all this mass spread from, and where its going?" They will just look at you and shrug.The truth is there is much we do not know "Thats the truth" we are just finding out the universe is Electric,and Dark matter doesnt exist this all just happened in the past 2 years. Science is constantly re evaluating and thats a good thing.
Fantastic presentation. "Take some risks and don't sell out". Integrity is the new economic philosophy. What a beautiful concept. I choose to have hope.
This is all Bullshit ! You guys preplanned all this through the U.N. Agenda 21..Evil devil worshippers.. Illuminati , Freemasons, Skull & Bones ..Secret Societies..with your Weather Machine Technology( HAARP) etc..
Club of Rome, Council of Foreign Relations, WHO..
All lies..the devil is the author of all lies ! God's Word The Bible (KJV) has already foretold about this .We are living in the last days. They are trying to usher in the son of perdition, the Antichrist.. The devil is in a hurry for he knows his time is short..wants to take us to Hell with him.. Read Revelation 13..
We need proletarian revolution not " a sharing entrepreneur economy" lol
we need people to with common sense and the ability to think for themselves. when the government says a man is woman and a woman is a man or that a small protest was an attempted military coup that almost took over the country you are at a point where peoples brains have completely turned off and they have become zombies.
@@everythingintheuniverse8962 how easy will that be though? Elon is doing whatever he wants you gonna go stop him???
@@randomoverpopulatedworldid3286 the people will have too, and I am the people.
The most inspiring and technically sound convincing speech I have ever listened to in my life.
Jeremy is a great thinker and activist in deed!
you're insane
it seems like he has some errors in his analogies about entropy but you might find that out some day :-)
Chapter 2: The Science of Productivity 20:56
there is clearly some agenda being pushed here
remaining 200 million cars...hmm thats either a very wrong guess or its very telling of what to expect.
I'm 40 minutes in and already feel like my I.Q. has been raised. This is good stuff.
I wish this was shown in every high school in the U.S. because we are really far behind.
Trust me, your IQ is still fucked
my IQ is 99999999999999999999999999999999999999999999999999999999999999999 after the video. i am now a true intellectual
Stop the Crime- Wow, hmmm. I didn't notice that here. Please enlighten me, what human rights are these ideas taking away? The right to pollute? The right to hoard and not share? The right for my country to subsidize dying, damaging industries while the rest of the world seizes the future?
Now it is Agenda 2030 and it is much worse.
No way to escape it, these Millenials are about to see hell on earth unleashed that will make WWII seem like a schoolyard quarrel.
I've never seen a more unthinking, blindly lead generation of tide pod eating, soy latte drinking, smartphone addicted, autistic, gender confused idiots.
Wake the Hell up.
Start researching and listening to other ideas, you are not predisposed to believe.
Jeremy Rifkin just made an incredible first impression on me and is truly inspiring. This is a voice that needs to be heard and this is leadership.
As another commenter said imagine taking pointers in morality from someone employed by the CCP and the EU
Was it the part where he claimed the earth is 450 billion years old?😂 He makes an astonishing amount of false claims.
Blind and brainwashed
@@felipefuentes4811 potentially, please expand....
What a moron! Learn to think for yourself!
Love this speaker is it social and economic theorist *Jeremy Rifkin.* "don't sell out" is his best quote of hundreds
Nice mission for young people and yes, it's an uphill difficult climb. So many of these ideas we had, sharing, creating co-ops, organic gardening, reducing or eliminating meat from diet, off grid electricity from small independent sources such as our rooftops, creating community such that we share ideas, information and labor, worker-owned businesses, hand-made products from natural sources, natural self-care using medicinal plants and energy healing. Yes, we were doing this, some of us, who were part of the largest generation --the "baby boomers." But ultimately there were too few of us & we were swamped by the conventions of the day. Some of us kept on and I am one of those, in my 70's now, living on solar power, collected rainwater, eating a raw plant-based diet, in a small collaborative community. I send you my love and greatest support & well wishes. You are my grandchildren! Take this on!
Thats right - Millenials - give up your entire life and generation to ensure that the Boomers can go on living the last of their rich existance, fix all their problems, and create the new world for your kids and the next generation - thats all you have to do!
@@scorch4299conspicuous that people who live this life dont have kids.
they’ll technologically outsource that too if they get the chance. already in blueprint
Watching in 2021. More relevant than ever.
Let the brainwashing commence
Watching again in 2024, 6 years later. I'm no longer impressed. The guy is an illusionist. He is setting people up for the NWO and 2030 Great Reset with draconian implications for society.
For me, this is the first clear explanation of how decentralized cooperatives with large scale economic power can turnabout the revolution needed for the betterment of all life on this planet.
Thank you!
Are you stunned?
😂
watch event 201 you will be thrilled in another way as to how youve been scammed and sucked in! wise up and educate yourself in all respect.
@@ladygrace2741 y yee try Rufus frustrating
So you mean corporations
Hi Vice. Hi Jeremy. I am somewhere between a follower of Ned Ludd and a follower of Jean Luc Picard. I am excited for many of these (possible) changes to the world that can extend the shelf life of humans--and I'm okay with a lot more of the alternatives and makeshift visions in this video than almost anyone I grew up with--but I also think that most of the folks in the Pacific Northwest of the United States who are dragging behind these alternatives and visions are worried about the disconnect between our physical selves' involvement with this physical world.
I love working on cars. I love it. It's one of the most white trash markers of my identity that I fully embrace, even though I've been a labor, political, and community organizer in order to eat for most of the past fifteen years.
These transitions, for what may or may not be a "rare bird" like myself, must include how we can remain physical bodies engaged with and connected to our physical world. I like that connection. I like trees--planting them, trimming them, cutting them down when need be. I like mechanical stuff and the fact that the old cars that don't require the latest version of MS Office are accessible to me to Lego and tinker with. I like CDs and Albums.
In short: I am a sucker for the sensate world.
I have tried to imagine how to transition Oregon's economically depressed coastal towns that used to be timber towns into paying positions that are more vital and productive but still allow the dirt to get under your fingernails. I imagine someone whose parent logged trees because s/he loved the smell and feel of the forest being able to have a job in the same place, with the same solitude in nature essential to a healthy ego that knows it ain't the Alpha or Omega because it's able to see its own smallness out there and have nature fill the nostrils--maybe the one who is planting a bio-diverse future of trees is simultaneously living the tradition of their ancestor while doing the needed and productive thing out there today (planting rather than reaping what nature has sewn.)
I understand that I'm screaming into the nothingness, but I do hope the nothingness has ears to listen.
Thank you. This is a really thought-provoking piece.
Beautiful
Really excited for the hope of the future. Would love to see an economy where natural resources are for everyone, are replenished and humans act as stewards of the earth.
But I think it’ll be more dystopian where everyone is controlled through technology like the social credits that China uses. And this man thinks so highly of China and it scares me completely!!!
I am the nothingness and I can hear you ✌🏼
He has given me a lot to think about!
Hi Vice, it would be great to hear from Jeremy about 2020 and how covid affected productivity and world economics.
@vice
@vice
@vice
Lmao that’s a good one ☝️
My thoughts exactly
wow. im out of words. Im just so ready and excited to build the next Africa. I trust youll all do your part in your respective communities. Its our turn now.
kudz Pakaipa just prevent your leaders from selling out your people....if you can
@Tamera Bonner 3:53, but where are the Māori?
Big up Vice who dare to share/focus on this.
"This" something very much needed, a rare ted talk done in a "Vice way"..
So good, so important. Humans honestly is not very advanced and for us to do, we need to talk.
This is a visionary speech. But he exegerates and oversimplifies some aspects, it remains to be seen. Lets go!
Every time I come back and watch this I see more and more that I didn’t the time before and All I can do is hope that we as a species can all come together instead of be so heavily divided against ourselves
Why are they deliberately dividing us into racial and gender factions?
nature rarely works that way. most species have a balance of working together and competing against each other.
Just keep in mind that the USA has a lot of citizens who are too stupid and lazy. US citizen's idea of social consciousness is the " poor me " movement, not about what they can do for their country.
@@tuckerbugeater the gender debate here? You serious?
@@tuckerbugeater Same reason they always have.Keep us busy fighting each other over crumbs so we don't unite to fight them for the whole pie! Turn of the previous century robber-baron J. Gould was quoted as saying "I could easily hire one half of the poor to murder the other half !"
*This video in itself is proof of everything that he's talking about. How you can come on the internet and watch/Learn such valuable information at the cost of nothing is truly remarkable.*
What about the one that gos like this=manipulated info???????
That's deep ,but how did it take so much time to get us to know too
From India
The amount of anxiety I have watching this documentary is unreal and I’m generally such a chilled dude, there’s not much to say, it’s all just so sad 💔
We can't ignore change might as well understand it and accept it as our world changes everyday.
This presentation is an absolute gem. Thank you Vice for helping to publicize these ideas. They may not all be perfect and people can debate the finer points, but it is clear that humanity is at a real decision point and must radically rethink our economic and environmental relationships and impact.
When I saw the video length at first, I wasn't sure I would watch it completely. The video was very gripping and informative. So much information. It's hard to imagine how much time and work it's going to take to achieve what he's explained here.
If it took us 60 years to build our outdated electricity grid. Then, it will only take us less than 20 years to build a fully digitize energy system infrastructure. Some European nations have already accomplished about 30% to 40% in building such infrastructure and moving fully towards renewable energy, which will be eventually near zero cost to produce, and allowing to share the needed available resources, which will help eliminate waist & pollution, and it will improve everyone’s life and improve the eco-system, and to be able to grow only organic agricultural products free of contaminations & viruses.
Me too. I was planning on just watching a few minutes to see what it was about. Now here I still am almost 2 hours later. He's got some really good ideas.
believe.Each travel starts with a step ....
@@rrboustani pls provide sources to your claims.
this is all BS propaganda, when the government says they are investing aa trillion dollars to prevent somekind of disaster and goldman sachs is on board its just another manufactured emergency they can use to grant themselves more power and authority. The government will never spend time on solving a problem if the problem doesnt create a bigger one or if the solution doesnt involve giving themselves more power or money to spend.
The 2008 financial crises was not caused by high oil prices.It was caused by loose lending by the banks,mortgage derivatives.
Nonexistent money.
the financialization of the economy
high GDP, high inequality.
James, who backed many of those subprime loans?.... it was International companies that had locks in the subprime derivatives...many of those companies were oil based .."The recession caused demand for energy to shrink in late 2008, with oil prices collapsing from the July 2008 high of $147 to a December 2008 low of $32. However, it has been disputed that the laws of supply and demand of oil could have been responsible for an almost 80% drop in the oil price within a 6-month period."
www.resilience.org/stories/2009-12-08/was-volatility-price-oil-cause-2008-financial-crisis/
@@xxpistolero420xx7 High inequality can have many origins. But the largest (at least in the first world countries) is that a vast majority of humans are just lazy and/or stupid, and their time and effort aren't worth very much.
The banks artifically increase housing prices to get a higher return on their mortgages.
They created the housing bubble, the rising oil prices popped the bubble as people couldn't sustain the mortgage payments during an economic crisis.
So much thoughts to process, questions to ask/ answer and actions to be made! Thank you for this!
Deer in the headlights look amongst the crowd is priceless, and this documentary is gold.
Ive been waiting for my algorithm to show me this video again
LOL Patience Space Ghost, it will if not already. It took about a month for it to find me...
3years it's showed itself, but i probably just looked past it. Its a good second watch, and i haven't stopped research along the way. I can't help but think fantastic with a big but. The share concept is a promise from the master's 'you will own nothing and be happy' plus i need to pull the toy apart and give it to my sister. The next big work thing.. are we slaves, or cyborgs or what? I've seen similar footage with out any human beings. The truck train, are they part of the iot doing that analysis? How do they connected to it? The food and community agriculture is the way it should be, they are going hard to distroy this. Are they using the generation at hand and inspiring them to run with this and push on social media, marketing content. He carefully withholds some information with ease. Are we all being used to bring about this World Order? Are they going to use to there advantage and manipulate the very people who think and speak up. I hope not.
Albert Einstein - 'Problems cannot be solved with the same mind set that created them.'
#Deep
yes so end marxist programming
It's new form of Utopia and only fools buy it
K Taruc I gave you that 200th like enjoy!!!!
Buddha - 'There is no problem'
I find his in debt explaining on these topics - extraordinary good 👍🏽 well spoken !
Hope this gets noticed and embraced by the world so whe can look back and be like look what we’ve done against all odds
Yes but there are problems with his thinking.
@@meilinchan7314 What are issues you find?
One that I found were that he seems a little personality self-righteous, like it'll all work out in his plan.
Extremely well done economics and core sustainability and wlequity, really a must on our planet!
*He is right:* thinking about *better solutions and better technology* will be much more productive.
Talking in a loop about problems will not change a thing. We need to talk about solutions and how to resolve the situation of our massive impact on the planet !
The solutions provide a guide, while talking about problems breeds desperation, depression and fear. I think, it's more productive to talk about better solutions and technology.
Having an environmental impact rating on every product will be a good start to this revolution- as well as corporations being responsible for every product they make in regards to maintaining the product and disposing of it responsibly when it is no longer usable. But we have to make it a level playing field for the companies involved- if they can keep making money while reducing their impact then making the necessary changes will be so much easier.
It seems the only reason we have to repeatedly talk about the problem is to scare idiotic powerful leaders like Donald Trump to listen to the solutions in the first place and put the long term health of the planet before the short term growth of the economy.
yea solutions to the problems are old solutions created . .loop de loop
In a flat Earth, lol. mI agree but FIRST reconstruction. Fist is first. Carbon farmed slave populated infrastructure is inefficient resource (in every way, (time, education, saftey) sucker.
lol stop reproducing like a cancer to this planet. Smith said it on Matrix and that's the most simple solution, just stop having so many God Dame Childrens. Earth health on his own, no need to create tecnology or even care about less consumtion, recicling or have more control into polution emision.
Okay. I listened long to this guy. Word after word made sense, but he finally hit home in a major way with the following: "What we´re beginning to see from millenials is a shift from geopolitics to biosphere consciosness". I don´t know how anyone can dispute that. Absolutely spot on!
Warning!! The Opportunity Cost, of watching a video like “Gangnam Style” is 16,000 years. The basis of this theory is flawed.. The fall out from technology will be devastating if this is a indication of human understanding, forget the coronavirus.
God help us if millennials are buying this load of diabolical fear and evil disinformation. Please fact check energy in Germany based on Nord-Stream II.
@@michaelynharris4282 Ah.. I'm guessing your're a boomer? In other words, the ignorance and conformistic nature of your generation is what has put the world in the heap of trouble that it is in. But hey - as long as you stay proud of your United States of disinformation - who cares about the bigger picture that in the end engulfs even that comfy bubble of yours.
Well, these aren't facts about Germany being made up of tiny linked green energy producers putting big energy out of business. Simply a non truth. But if it sounds good to you, then that's sad.
@@Saki-Legenda your dismissal of a contrary view with an assumption of his generation highlights your ignorance.
The video offers no actual solutions to sustainable energy production. If you consider for a moment that nuclear energy and improved infrastructure is the way forward.
Rifkin likens goods to data and communication. Completely illogical and useless rhetoric.
He just pissed in everyone's pocket with his fantasy talk.
PS. Nuclear is the future. Not the bullshit claims of solar and wind.
Thank you, moved me to tears. Since a couple of month, I found my lost hope again and since than, hope is the same as faith for me and it just did increase. Elhamdulillah. I pray for all humanity.
These are great ideas I love how clearly he explains it. I'm stoned to the bone an this stuff is blowing my mind! 🤯😃😃
RUclips, Spotify, Google, Amazon, Apple, AirBnB, Uber, Lyft, Kickstarter, Go Fund Me. They all get a piece of your pie. To really get to zero marginal cost, you have to move your content to alternatives not be locked in.
You are completely right. I hope that will slowly change. Web3.0 technology and decentralized protocols you find in the crypto sphere can probably help to solve this.
@Gottfried Lieber A public option is great imo. "Medicine for All" by Dana Brown proposes such an option for Pharmaceuticals.
Blockchain ❤️
Rifkin neglects to mention all the excess mining and the resulting pollution that will occur in order to obtain all the minerals that will be
needed in order to built all these solar panels and wind generators for his Third Industrial Revolution.He also neglects to mention how
we're going to dispose of all the toxic chemicals(silicon tetrachroide)used to make these solar panels.And don't forget,solar panels and
wind generators don't last forever.What I can't understand is why nobody in the audience or the people who interview Rifkin never
question him about this.
Lol yup!!!!! Lithium stock is gonna boom
yre right
You’re right, so much Green Tech ain’t Green…
Everything people do will result in waste. Whats most important is reducing emissions to have a stable climate.
because they're too busy making youtube videos
Great video, thanks for organizing all that info about the future in such nice way. Efficiency as progress. True economy.
him: "none of this is being taught at schools by the way"
me: *watching this right now for my english class
Are we in the same one ??
@@nora3657 HAHAHA are you at champlain?
@@annarupp-desrosiers760 LMFAO I am
But i ain't watching all this
@@nora3657 HAHAHA ALISON TETT?
@@nora3657 lmfao
this is literally the online version of bumping to a classmate on campus
Sharing economy! That's what Uber and Airbnb said before taking your money and pouring it to the pockets of invisible rich investors while at the same time throwing the gig workers under the bus!
Because those models are tied to 2nd Industrial revolution infrastructure. Did you watch the whole thing?
@Dean Turner 2nd industrial revolution infrastructure includes monopolies. The 3rd revolution has its strength in being truly de-cenralised.
Uber and AirBnb are still centralized sources that control the sharing economy. They are not part of the decentralized third industrial revolution being talked about in this video. Imagine an application that is open source, written with smart contracts that execute if and only if someone generates a payment through this application to someone else. The smart contract always executes upon the initial transaction on the blockchain and it is written in such a way that once the person generating the payment is taken from point A to point B on the GPS, they are paid automatically. The validation and governance of the transaction, the output of the smart contract, and the releasing of the payments all happens by validators on chain, and every user of the service is a participant in the validation. There are no middle men, no Uber and AirBnb controlling anything, and no one taking a cut in the middle. Purely decentralizee ride sharing in a nutshell.
@Dean Turner You think there's ever been real communism on this planet, yet calling others gullible..., now THAT's funny! Watch Star Trek and then open "The Capital", you'll find very few differences.
@Dean Turner You mean "Basic American instincts", right? China...an abject failure. Been to Shenzen lately? If that is a failure, I'd hate to see their version of success .
Im crying. Im crying hard. My mom taught me this had to happen and she died drained and almost hopeless. They are finally truly changing and finally seeing everything at the same time. It's all connected. We are all connected.
I had my phone screen locked listening to this and I thought it was vince Vaughan 😂😂
One of the best lectures I have ever heard. @vice
Agreed. Quality content, at last.
I wrote it
Great lecture. I now realize that during your undergraduate or graduate studies you have more time think about the future. Once you enter the work world, things change, you change.
Corey Spicer I just farted in my hand a smelled it.
True, but the thing is that that's exactly what makes this man so dangerous since his lecture is convincing, but dangerous drivel. The man is the devil's advocate for the carbon trade. RED flags going up when this famous ECONOMIST, not (CLIMATE) SCIENTIST, but climate swindler, mentions global GDP has been declining all over the world and then starts promoting the AGW myth, which is nothing more than the ADVOCACY OF CARBON TRADING, which has no other purposes than to KEEP THE DEVELOPING COUNTRIES FROM DEVELOPING and their populations poor, and the rich nations rich, while the ONE PERCENT benefits massively from THEIR INVESTMENTS IN THE CARBON TRADE. We're talking hundreds of billions of US dollars over time. THAT IS WHAT THIS IS ABOUT, make no mistake! Watch the 2007 documentary "The Great Global Warming Swindle" here ruclips.net/video/D-m09lKtYT4/видео.html
Watching this at beginning of '21 - He is right on.
He is. So so much.
Me too. Well said.
I just jumped from Vice news to this and I suppose I'm not sleeping again tonight
What if I want to live out in Utah, away from major cities? Do I also need to give up my car?
@@andrewaguilar8317 Lots of empty land in Utah. City living for you?
That was a fantastic lecture! Jeremy Rifkin will be elevated to the highest level of historical figures, if we don't kill history with our ignorance.
There ALWAYS has been climate change for 4.3 billion years...and there ALWAYS will be.
Learn to think for yourself!
The dynamics between the sun and earth mostly are what have and what will ALWAYS cause climate change. The rest is what is inside the earth, which is mostly caused by the sun and earth dynamic, as well as other planets and the moon but not as much.
We, and our carbon "footprint" are just a fly on a camels back.
If you would stop being a machine and begin being human again (it's your choice) you will be able to think once again and realize the old communists with little man syndrome are not to be trusted. Just like fau ci....
Get thinking, or you will be one of the many who will be found guilty for the destruction of our liberties and destruction of humanity...because of guys like this...not the carbon dioxide we have put in the atmosphere.
Sickness of mankind is becoming a thoughtless machine
@@justthetruth6197 So you believe the exponential growth of the human population in the last 150 years has nothing to do with the change of the planetary biosphere and the wearing of a mask and/or vaccines are more threatening than anything? I am thinking I ain't the only one who needs to do some thinking.
Please understand I am not judging you or your ideas on profound truths, just observing one person's reality while trying to evaluate my own.
@@TennesseeJed We are flies on a camels back. Of course what we do has effects, but it's hardly anything compared to the effects of the suns gravity ALWAYS pulling the earth closer, how that same gravity distorts the earth, the suns light, radiation and flares that heat up and disrupt the earth in many ways, the moon and it's gravity effects on us, and that is just some things on a cosmic scale.
There is much more that we could go into but I don't have time.
Suffice to say, I'm one of the best people to talk to about this, and the few like me. Not because I'm a self-professed leader, guru or specialist in my field of science (who honestly ONLY process like they were trained to do in school), but because I have ACTUALLY learned to THINK for myself. I have learned how to BE HUMBLE, then take as many different viewpoints as I can, and EASILY see what is FACTUAL and what isn't, and not let the lies (which this lecture was FULL of) influence my THINKING, all while applying COMMON SENSE (which is ACTUALLY quite rare and obviously not taught in schools), then come to a better conclusion than is available...just because I could THINK CLEARLY AND FOR MYSELF.
Being able to think clearly is a rarity today. If people would stop living from a place of fear, lack, and being unloved, find fulfillment within...instead of externally...then REAL thinking can BEGIN. Only then will you begin to THINK FOR YOURSELF.
And the idea of the real effects of climate change which I shared...that was ALLLL done ON THE SPOT...BEING ABLE TO THINK FOR MYSELF. If I had 1 day I could write a lecture many times better than this Rifkin WITH ACTUAL SCIENTIFIC TRUTH based on that rare common sense...which for intelligent people would make a WHOLE lot more sense..and would bring EVERYTHING together, not just the few bits and pieces this guy was using to build a fortress. Fortresses ca t be built only.using bits and pieces OF ANYTHING, only by massive objects. Bits and pieces only fill in the SMALL holes between the big boulders of truth and again that rare common sense.
And that again...wisdom..deeper than anything this Rifkin could ever say..just came up with on the spot.
I'm no more or less intelligent than anyone else, I have just learned to BE HUMBLE, SEEK TRUTH, USE THAT RARE COMMON SENSE AND THINK CLEARLY AND EFFECTIVELY.
Wow, this is the way to move forward in the world. The social principles are well respected and advocated here. Let's go and build a better world where empathy, compassion, and human lives and all life forms thrive.
Im watching this for the first time in 2020, 12:08 am on November 3rd, contemplating this entire speech and what it means. This has changed my entire perspective.. Thank You.
Me2!!!! Its so encouraging to hear others are being impacted the same way I am. I feel reborn and have great hope for the future! Im gonna get this out there to all my loved ones then the public in general. Im so excited
Where have you been...this is yesterday's news.
@@weltraumaffe4155 don't be an ass
@@TheStoneVenus check out the zeitgeist movement and Peter joseph. They seem to be the best movement already in existence that speaks to this new world we can build. But I agree, I want to be spreading it to everyone. I feel like we need to band together somehow
@@TheEvilWalrusLord Don't be a name caller. Name calling is over.
This is the most important video I've watched in a along time. Please share this video with your families and friends. Thank you Vice for releasing this! I would like to have heard about decentralizing the monetary system.
although bitcoin is currently the leader, it still has alot of shortcomings. Currently we are in 2nd generation of crypto. i have hope that the 3rd generation will be the one thats both a store of value AND currency for transactions thats accepted by all companies. although bitcoin n other currencies can do this, it's not effective enough, there are long delays (60mins is often quoted to ensure transaction has been recognised, which makes buying a pizza or coffee tricksome) and there's been high fees n the banking system is trying to get involved n gain control (ripple is the prime suspect)
i, too, would have enjoyed hearing more about the blockchain technology behind cryptos n general decentralisation of all money. TED talks (channel on youtube) has a few presentations that might have info you dont know about. some of them about future applications. TED talks also cover a huge variety of topics from social issues to science to education to environment n human behaviour (and lots more) :)
would u care to explain why what i have said is 'dum AF'? (dumb btw, 'dum' is a vocal sound)
what does 'MAGA' mean?
n what has Trump got to do with this snippet of conversation?
please stay relevant and on topic if u do reply and try to leave the insults at primary school where they belong, thanks
c c 1st i said "i hope" not that theres a chance as u imply i did
2nd i been learning about stock markets esp CFDs financial literacy etc esp related to bitcoin last 2 months n i STILL havent put a single penny into anything. WHY? Because i know that bitcoin was reaching such highs because it was fashionable. Majority who bought btc over 14k last december is a prime idiot who dint know what they doin n have nothing to blame except themselves for jumping on the hype. Of course the bubble was gunna burst. It obvious that such fast growth is unsustainable. Esp once u learn about the probs with btc. Their prob was a total lack of research n understanding. I feel sympathy for them sure. But their own inattention to their own lack of education on the matter is the cause of their losses
1st rule of stock markets....
ONLY bet (cos it is a form of gambling) what u can afford to lose. There are NO GUARANTEES. Technical analysis helps to spot good times to enter trades with higher probability of success, but does NOT guarantee it. Btc is currently in a kill zone. Caught between the 100 day Moving average n the previous high which is current resistance level. There has been a pullback, but its 50-50 if new support level drops down from 9.3k to 8k dollars (predicted due to fibonacci) or if reaches new resistance lvl of 14k (again from technical analysis)
Do i know this for myself after 2 month research n watching stock market n tryin to interpret technical analysis for myself? Nope, but i listen n learn from those who been in field for last 5 years minimum n whos recent advice n predictions have shown 60% or higher accuracy.
I believe thats the very bare minimum education one shld have before messing about with somat ya dont understand with such drastic consequences^^
Be a trump supporter all u like
Theres more important things in the world for me to worry about than the fanta menace, such as the lack of food security thats gunna hit us within next decade due to soil infertility, or the sudden increase in polarised thinking among those who r governed more by their emotions than by logic
But thats just my opinion
You do you, you obvs think thats best chance for success for you n i hope ur right. I hope he does make america great again cos someones bloody well got to
I just doubt that someone with such a huge ego, who rages on twitter like a spoilt toddler can even keep simple promises to help coalminers, let alone the rest he has promised.
His recent actions since n about the florida school shootings do make me hope he has matured somewhat.
There is always hope n chances for improvement so life n bible has taught me
Dum Spiro Spero
There r the things we know we dont know n there are things we dont know we dont know.
Learning what u dont know is 1st step to not getting tripped up by those things. I still dont yet know everything i dont know about btc n stock market n technical analysis after 2 months, but i am aware of over 50% on those subjects even if i dont understand them fully.
Thats the basic lvl of education i was getting at that 1 shld have b4 playin with stock market
I realised i hadnt been clarent.
Personally, i wont b delving into any of it until i understand the other 50%
Afterall i want highest probability for success
Thats the power of logic over emotions/hype
Those pple who lost money buyin btc in dec will learn 1 of 2 things ...
1 dont waste savings on stock market its too dangerous n tricksome
Or
2 that they need more education b4 they try again
Regards cryptos in general ...
There here for good. Maybe not the same brands/names tho, much like we no longer employ steam engines (except for displays)
Governments n banks all around the world are gettin their fingers into the crypto pie. Recent regulations n talks about how to regulate n how to protect customers/citizens are most probable cause for recent drop. Its fear based that btc gunna b banned n its also criminals n darkweb folk leaving for other lesser known cryptos with higher anonymity n security
But theres simply too much money n too many 'innocent' lightweb folk involved n invested in top 500 crypto currencies for a ban to happen worldwide.
Sadly this does mean the end for the original ideals of the btc makers. To what degree i dont know n thus im not certain how i feel about that loss of crypto freedom longterm
The most important video you have watched?
Please keep watching and you'll find there is many more, which are more relevant!
This guy is a Gem!! I truly loved this speech. It's excellent that someone can see the possibility of a positive future. Things have been looking pretty grim since the 2018 posting of this video.
I think I really need to see this positive future that he painted.
Finally, something that shines light on the future instead of doom and gloom, thank you
This whole time I'm watching this I'm thinking Elon musk is working on all three of these aspects. He's creating electric, self driving cars, in addition starting the decentralized energy grid with batteries and solar panels, and he's working on launching a broadband Internet satellite constellation to connect everything together for the network aspect. He's way ahead of all of us and he might end up being one of the most important humans in the third industrial revolution.
wedsa5 When I think of people and organizations that are working on technology and ideas that will bring our civilization to the next level, number one is Musk and his companies.
Crazy.. i was thinking the same exact thing.
Elon is our new savior.
Batteries are not sustainable, which makes electric cars and solar panels unsustainable. The waste from these technologies are extremely toxic. Nuclear power is safer than ever before, despite the misinformation and hype. On a whole, it creates much less pollution than coal.
Nathan Clark I could say basically the same thing about nuclear. It also relies on non renewable resources. It also makes toxic waste. Li-ion batteries and solar panels are recyclable. Li-ion isn't the end game here. There are other ways to store electricity and materials engineers are working on new battery tech. Why hate on batteries and solar? I like nuclear, and I'm fully aware that it's really safe.
I can’t remember how I got to this site. My mind is🤯 and I’m so happy to be alive. We have work to do. I am a teacher and know what these kids need for their generation is not what I teach. Beginning to see my purpose! #biosphereconsciousness
these 2030 advocates are dangerous
This is a class everyone needs!
I love this talk and I’ve listened to it many times. The only minor thing I’ll take issue with is the use of the term dark net. It’s used in the opposite sense of the reality. A fully encrypted dark net is possibly the only future way to keep out government and corporate influence.
There ALWAYS has been climate change for 4.3 billion years...and there ALWAYS will be.
Learn to think for yourself!
The dynamics between the sun and earth mostly are what have and what will ALWAYS cause climate change. The rest is what is inside the earth, which is mostly caused by the sun and earth dynamic, as well as other planets and the moon but not as much.
We, and our carbon "footprint" are just a fly on a camels back.
If you would stop being a machine and begin being human again (it's your choice) you will be able to think once again and realize the old communists with little man syndrome are not to be trusted. Just like fau ci....
Get thinking, or you will be one of the many who will be found guilty for the destruction of our liberties and destruction of humanity...because of guys like this...not the carbon dioxide we have put in the atmosphere.
Sickness of mankind is becoming a thoughtless machine
It's not a "fully encrypted dark net". It's called web3. Gosh, please don't just use random terms.
This is absolutely profound. I am actually for the first time truly hopeful for the future of the human race, if we can embrace these concepts as the new global agreement for our sake and the planet’s sake. Beautiful. Now let’s get to work!
Erik Weimer
I "went to work" back in the late 80's - on "Wind energy". By 2003-ish I finally had the subject SORTED. Turns out that that - because turbines and alternators have opposite "economy of size", a combination of the two has a cost/watt curve which is necklace shaped. Catenery. The lowest cost/watt region is for sizes where the T and the A cost about the same as each other. This size region turns out to be from about 0.5m to 1.5m diameter !!
I have a prototype since c2006 which supplies energy at about 1/40 the the cost,/watt of that from a typical 'windfarm". So far no one is even slightly interested !
Gerard Vaughan vids or it didn’t happen
@@blasecorrea8350
You want a vid of my TAD system ?!
Gerard Vaughan post some videos on your channel, if you’re serious people would be interested
@@blasecorrea8350
You are right, I must do that. It is at least 15 years effort, and the result is a total Eureka ! It is going nowhere, apart from atop my house, and RUclips might just get it to where it is needed. There is Wind here only very occasionally, when it has supplied at a rate of C 500 watts 240v, 2amps, DC from C20m/s wind. Solar is the best bet here - Bulgaria . Its Inlet is 65cm diameter, and outlet 92cm.
It is about 1.3m long. Looks like a Badminton Shuttlecock. A 'Ducted Fan".
Yes I really must make a vid., but am "spread a bit thin" ! I hope I will be able to give you an "Alert", bit otherwise I will include "Shuttlecock" in the wind turbine title, ok ?
I'm reading the comments and it seems most people here didn't get this... This is not based on the socialism and communist system. He repeatedly said this will involve human power, private sector, government and social sharing... making a post on Wikipedia, a song or help at the local community would be the start, it will scale up once you get free energy, cheap water, etc etc This is revolutionary indeed! I work from home doing apps, my car uses my solar panel to charge it, I already eat less meat and buy less clothing. This still early and it will scale... Just think about it if you would say 10 years ago that you will send your daughter to school in a strangers car and meet the love of your life throu a phone you would probably said it's insane. I said that about cars and now my tesla drives better than me :)
The problem is - most of the people who are watching this are too stupid to even understand what he is saying.. they will be the ones on the bottom of the totem pole in the new world economy!
Brian Wall back in time the weak were at the bottom, nowadays the dumb are. Somebody always is at the bottom.
Brian Wall naw the problem is its an hour and a half video and most people probably watch the first 5 minutes then comment. So dont lose faith completely.
I think that's what he meant when he mentioned the dummying down of america.
It’s a step towards communism and egalitarianism. Nothing wrong with that.
I may have just watched the best talk about the human race and the sum of all its parts ever in my lifetime.. Makes me wish I could live to see it but I'll be gone. Best of luck I hope this vision works out.
Big fan, keep it up :) I watch this every night before bed to keep me motivated. Best gym video to hype me up. Jeremy Rifkin keep changing the world. My favorite quote was from 1:28:55!!!
The people in the audience thought they were going to hear about a timeshare in Maui.
They got their phones confiscated otherwise they’d be on their phones the entire time!
Nah Vice knows better than that they brought hipsters in the audience not your grandmother and grandfather and their friends
Lol
Thumbs up if you know Jacque Fresco, Peter Joseph and a Resource Based Economy. There are a lot of thinkers out there who have considered a Post Scarcity economy. It's worth understanding and pushing for.
fuck yeah! RBE \m/
Somewhat familiar! Some good ideas ! Sounds like a mix of socialism with technology !
All you petit-bourgeois utopians want what proletarian *Socialism* promises Humanity-- without all the nasty, inconvenient 'revolution' stuff. You *always* pick the low-hanging, easy, sexy fruit -- and leave all the hard, dangerous work to the working-class...
Grow TF up.
@Trots - To which "hard, dangerous work" are you referring?
To what "low-hanging, easy, sexy fruit" are you referring?
You're making the current owners of the USA (top 5%) sound like the terrorist slavers who were USA's "founding fathers". Oh. Yeah. They were/are terrorist slavers. They forced slaves to do the hard work of building the USA.
Ayandolos, what communism has to do with genocide?
and what communism has to do with socialism?
The reason why wealth is concentrated within a very few group of people is due to a near natural law called the Pareto distribution. You see this accross all competitive hierarchies. People who do something really good become exponentially better. Any time we tried to get wealth to flow down it goes back right up. We've never figured out yet how to change that.
Uhhh.... Yeah we have... The whole video is literally about sharing economies.
Plus, there has been many times civilized states that ran on competitive economies still have an amazingly equal distribution of wealth
@@oofman4572 i feel like this sharing economy become the fancy version of communism.
This is the most important lecture I’ve heard in several years!
This is so so important and motivated me to start acting on the concepts talked about. I'm from Cincinnati. Reach out to the Civic Garden Center and Keep Cincinnati Beautiful, 2 organizations that are trying to combat climate change.
What's the percent of CO2 in the atmosphere, and how much is too much, and why, considering that the CO2 molecule is a molecule of life?
Great story bro
The most Important thing i would love to hear about is money? How our debt based economy can be changed by the sharing economy? The banking infrastructure is to be changed? Pity no one asked him a question on the banking system and financial, economical structure of our current times
David Graeber, Debt the First Five Thousand Years
I watched a video by Zang. She said January 1st 2021 is when cash money turns into cards. I bet it takes a lot longer than that.
A decentralized digital connected world needs a decentralized electrical energy based digital currency. That does exist... a lot of people, corporations, etc are building the digital decentralized Infrastructure because is open source. Now is your turn to go into the rabbit hole with that... The old system will collapse and the change in my opinion is gonna be violent... Fiat money and debt are violents by nature.
Salaam Mohammed, i'd be interested to connect and see how we can end riba through sharing economy.. lets connect
Bitcoin.
Brilliant! This is my first chance to actually be able to listen to this at home. I love it I love it I love it.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG?
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potentials
@@augustusgrey6549 Is her trading service in
Europe ?
@@alexandrathompson5213 There is really no country restriction in her company,,,I’m investing with her from Switzerland
What surprises me about her mostly is she gives her client's access to her trading site whereby they can monitor their trades on
daily basis
This is mind blowing!
Don't be fooled by this man. He is promising a future of freedom, prosperity and decentralization for everyone ... but wants to try to achieve it through big government, central planning. This is the mistake that socialist and communist countries have made for the last 100 years. It's only led to failure, poverty and death. He's convincing because he paints a vision of the future that we will likely achieve. But it'll be through capitalism. The freedom to buy and sell as we please and to put our money towards the things that advance us is the key that got us where we are today. Giving that up and trusting the very people he ironically tells us not to trust will be detrimental. We've done this before. Many times. It's failed spectacularly every time. The future he describes is capitalism. It was made possible through capitalism. Every socialist scheme in recent history attempt to take the advancements of capitalist entrepreneurship and then take control of it to create a utopian society. It doesn't work like that. Capitalism works by allowing everyone to compete to make the best products and services. This includes energy sources and transportation. The best ideas win. If you try to speed up the process by handing over the means of production to the central planners (governments), all you can do it hope and pray that they happen to choose the best way forward for everyone. The odds are extremely low that they will especially since the power they are given to attempt this can easily be corrupted and used to maintain their privileged position in ruling over us. Don't give away your freedom to the powers that be for utopian promises. Only a free people can achieve such a thing.
FR0980Y yeah workers being in control of their own labor and resources is going to end up in Failure, death and poverty. And guess what else, if you masterbate you'll go blind! The rich people tell you this nonsense because they want to own your labor and resources so they can charge you rent and usage fees. Increases in productivity made possible by technological innovation should result in a reduction of waste and working hours period but under the capitalism increase productivity results in the billionaire class rather than a reduction of working hours. This is really not rocket science. You can calculate the energy loss when you convert fossil fuel energy to mechanical energy. Likewise, under the capital system, you can track labor energy to see where most of it ends up. Thanks the capitalism, most of it ends up in the landfill and in the pockets of the 1%. This is why the 40 Hour Work Week hasn't changed in 150 years.
If you work at a TV Factory helping to produce 10,000 TVs a day, at the end of the day you probably won't learn enough to purchase even one of those TVs. If the workers don't get paid the full value of their wage, how are they supposed to purchase the very goods and services they're producing. Now if a technology comes in the doubles that to 20,000 TVs a day, does that translate in the reduction of working hours. No workers are still dependent upon the 40 Hour Work Week in order to Survive.
The capitals tell workers that they can't be free because Freedom will result in slavery and death? You actually swallowed that line of crap? Of course the slaves in the Antebellum South also thought their condition was natural and necessary. They thought master was responsible for giving them food, work, and clothing,. You think that you need a capless owner in the same way? you don't think workers can produce their own TVs at automobile on their own? Without a hierarchical dictatorship?
Michael Mappin
Okay, let's reason through your system of workers owning the means of production. First we have to determine how a product or service gets created. I hope we can agree that it starts with an idea. You can't supply the community, nation or world with a product without any idea of what you want to make.
In a free market system, everyone has the right to do this. As long as they can save up the capital, take out a loan or obtain outside funding, any man, woman or child can start a business. They research market trends, current competition, future growth outlook, location, tax rates and a thousand other things to determine whether they think that this new business idea will be successful or not. They then take their own money and blow it all on this idea in hopes that they are right and that the business does well. If it's a small local business like most, they are probably going to need to start out doing all of the work. They might need to get their husband, wife and/or kids to help work too because now they don't have time to work for someone else. They have to live off the money they saved or borrowed until the business starts making a profit.
Most businesses end here. You don't even know they ever existed. You know that place not too far from your house that's been a dozen different restaurants over the last decade? The one that every time you see a new one go in there you think, "That's not going to last long. That's a terrible location"? Each one of those is someone who took a shot and failed. The people you hate, the evil capitalists, are the few who made it work or was lucky enough to be born into a family who's parents made it work.
Now of you are lucky enough to have created a successful business, you're probably not going to want to continue to work 60-80 hours a week trying to do everything. Your business is now growing and making a profit. You have the extra money now to hire people to work for you. It would have been nice to hire help when just starting out but you didn't have the money to pay them. Who volunteers to and can afford to work for free in hopes that a business with a high likelihood of failing will pan out and start making a lot of profits. Workers don't assume the risks in starting a business. They simply make a voluntary agreement to perform a job for an agreed upon wage. Even if the business does poorly, the employees still make their wages. Therefore, if the business does well, the ones who assumed the risk make all of the profits minus the hefty chunk the government takes. A very small number of businesses like Walmart, Google, Apple etc do remarkably well. They sell their product to people all over the world and only while they remain competitive and stay ahead of the market.
This is how free market capitalism functions. It does not and can not ensure that everyone makes the same amount of money. For obvious reasons, very few who take this kind of risk is going to let people they hired to perform a specific task to make decisions about how the business operates unless they specifically hire them to perform this task (which is where management comes into play). This is what people do under their own volition without any outside force dictating how they run their business.
So now it's your turn. Please describe how you would build a sustainable, working model of business and labor that's different from what people would do on their own. Start from the beginning where an idea is first formed. Who is allowed to pursue these ideas? Who is allowed to turn these ideas into a business? Who determines this? Where does the capital to start up a new business come from? If everyone who works for a business is effectively a partial owner, are they forced to work for negative wages if the business isn't making any profits? Can they quit if they're no longer earning any wages? What say in the operations of the business do the workers get vs what the owner gets? Is it equal?
Pure free market capitalism isn't a system. It's the complete absence of a system. Socialism is, by definition, a system. Please tell me in detail what this system is and how it works. I need more than just worker co-ops. I need to know how an economy functions under socialism.
FR0980Y , any man, woman and child can start a business if they can save up the capital? Yeah, but the key word is if. most people might be able to do that because of the way the capitalist system works. Under this system if you were an average worker, you're immediately at a disadvantage! And even if you were able to overcome this deficit, you're still having extreme disadvantage because of unfair competition. you see, for some reason you seem to be associating capitalism with the free market system. I'm not sure why you're doing that because capitalism is actually antithetical to the free market system. If you truly support the idea free markets, then you would be anti-capitalist. Capitalism is a pyramid scheme. It is a system of slavery. Sure, the sleeve can extricate himself if he produces enough wealth from his master. This was often true in the Antebellum South. It would often give the slave and incentive to be both obedient and productive. Likewise, we have that kind of incentive under this form of Neo slavery. It's fascinating that you don't actually recognize capitalism for what it is. This was often true with the slaves of the Antebellum South. They thought their condition was both natural and necessary. Probably because they were born into that environment and it's all they've ever known. Likewise, you probably think this way because it's all you've ever known. I'm not really sure, but it is fascinating. If you don't recognize yourself as a slave, how can you ever Free Yourself?
But anyway, let's say you are lucky enough to save enough capital to start a business. You've paid your extortion fees and now you've extricated Yourself by opening your own business. Let's say you used to be a piano at your local high school. Now you want to work for yourself so now you provide private lessons to children in their own homes. Easy enough, yes?
But let's say someone like Bill Gates wants to Corner the market on piano lessons. Do you think you could compete with him? He can afford to hire people that formally worked for the symphony orchestra. you don't have that prestige. what a mother want her child to learn from a high school piano teacher or from a former member of the symphony orchestra? But let's assume that you can still compete. Bill Gates has enough wealth where he can subsidize himself and actually offer piano lessons under cost. so now not only does a mother have the option of having a prestigious piano teacher, she can get one for half the price! you on the other hand, you have bills to pay and no savings. But let's assume you move into your parents home so that you can compete with Bill Gates, at least until he raises the prices back to normal. So, not only does Bill offer piano lessons under cost, he now starts putting a multimillion-dollar advertising. Obviously, you can't afford to do that. But luckily for you, you have enough loyal customers that enable you to keep making a living while living at home. But then, all of a sudden there's a downturn in the economy and people can't afford you any longer. So you lose half your customers. But you're still surviving. So what does Bill Gates do? because obviously he doesn't want to maintain low prices for ever. He knows that if he can Corner the market then he can actually increase costs and people will have no choice but to pay them. But he needs to get rid of you and other competition first. so on top of everything else he's done so far, he also starts to offer a million-dollar prize for the best student each year. For second place, he offers a all-expenses-paid vacation Of your choice. 3rd prize is a free grand piano, the Lamborghini of pianos!
Do you really think you can compete with someone such as Bill Gates?
Let's say you've got a new idea for a toaster oven. You open up a factory to produce toaster ovens. You employ a thousand people! However, since Bill Gates owns resources such as nickel, copper, Cobalt, along with shipping companies and oil and gas, he can get his resources for half the price you can! on top of that, he can afford to utilize state-of-the-art technology when it comes to mass production. This is not only enables him to produce 10 times faster than you can at a superior quality, he only has to hire a fraction of the number of people you do even though he can produce more faster! and on top of that, he can offer his toaster ovens at half the cost because he doesn't have employees. he also has the ability to mobilize both production and labor if need be.
there's two examples of how you can't compete.
FR0980Y ,
Socialism
so·cial·ism ˈsōSHəˌlizəm/ noun
• "a political and economic theory of social organization that advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole."
Socialism is a bottom-up system, the opposite of capitalism, which is a top-down system. Instead of one share equaling one vote, one worker equals one vote. The workers themselves are the board of directors. There is no dictatorship. The workers get to decide what is produced, how things are produced, where things are produced. They don't have to worry about being forced to use toxic chemicals or engaging in production methods that will poison both themselves and their community.
Note: it is important not to confuse State capitalism with socialism. From etymological standpoint, State socialism would be an oxymoron. Would it be possible to have a non-hierarchical monarchy? :D you see, both communism and socialism fall under the branch of anarchism. An means not / without. archy means rule / rulers.
While it is true that the Scandinavian countries provide things like a generous social safety net and universal healthcare, an extensive welfare state is not the same thing as socialism. What a lot of people confuse as socialism is actually social democracy, a system in which the capitalist government aims to promote the public welfare through heavy taxation and spending, within the framework of a capitalist economy. This is what the Scandinavians practice.
Consider Mondragon in Spain. You have a community of over a hundred thousand people. These workers own their own bank, Research Laboratories, University, means of production, etc.
The workers are the shareholders and the board of directors. they don't have to worry about being forced to use toxic chemicals that would poison both themselves and their environment.
They don't have to worry about some CEO or capitalist owner moving their job offshore. Instead of CEOs and shareholders ( those who don't work / produce) extracting huge amounts of money, the workers have a substantially higher income. That means other businesses in the community thrive to a greater degree because workers have money to spend on things such as entertainment, eating out, beer, haircuts, etc etc. One person's paycheck is another person's expenditure.
And, unlike with capitalism, when automation replaces workers, you now have more people to share in the remaining workload. Productivity increases while the number of working hours decreases.
But under a capitalist system workers that are replaced get laid off and then have to compete with other unemployed people which drives the value of Labor down. Unemployed people don't have money to spend in their community. That creates a domino effect of unemployment and economic contraction.
This is why Mondragon still thrived even during the economic crisis.
All wealth comes from mixing labor with capital. Every time a non producer consumes, somewhere else you have someone who produces, but doesn't get to consume. or, look at it this way. Every time a dollar goes to someone who doesn't work, that's one less dollar that someone else work for but doesn't get. This is the problem with parasites.
Consider how we exploit honey bees. Every time we take honey from a beehive, the bees have no choice but to compensate by working longer and harder. If we over exploit the honey bee, they often end up dying from malnutrition or exhaustion. What capitalist parasites will often do is replace the valuable honey with high fructose corn syrup. This leads to an unhealthy bee population. However, this translates into huge profits for the exploiters.
Exploitation is wrong. It is immoral. There are two forms of slavery under the capitalist system. You can either own people out right, or you can own their labor. Whether you're expropriating labor energy or honey from honey bees, what you're engaging in is parasitical Behavior.
I'm a blockchain developer working towards decentralised future, proud of it !!
Hey Monkey - Good job , where in the world are you . I'm in South Africa and got an idea to also decentralise . how can i start ( Funding investors , Monetize ( very cheap -but serve many ) ) Thank you.
Hey, are you in Europe? Cause I need developers for a project. Inbox me for further details.
Jim Cummings Rifkins generation really f'ked up and failed their future generations and now are hoping to get bailed out and have millenials to do the grunt work while still insisting they be able to captain the ship. Time to give over full control if you want to save your old asses.
You should probably stop working on Blockchain and start working on DAG technologies. Especially if you have any interest in IOT and the Like.
The reason we are 20 Trillion in debt is because the same people getting us into debt have keys to the money printing press. You realize all of this money has been printed out of thin air with absolutely nothing backing it anymore. It used to be backed by gold which is finite and valuable. Now it's backed by nothing but faith. Cryptocurrency takes the power away from the banking cartels that have gotten us into this mess, and gives that power to the individual. A truly free market system that has no central authority.
I've made a point of watching this every year since 2015. Its 2020 and it has truly aged well...
This was released in 2017.
Keep coming back listening to this. Timeless. Awesome..
I didn't end up here by guess, I was brought here for a reason. Brought to light of fulfilling a duty of the "3rd industrial revolution". A duty that's been playing on my mind for the past 3 years one I must fulfill..✊🏾✊🏾
I can't remember watching a video with so much relevant information from disciplines that dictate my daily life!
Agree, finally something real, informative and honest.
Admiration can only go so far. We need action. Let's start building.
ruclips.net/video/FEl0-zpXVyw/видео.html
eos.io
Mark Stobie If you have a better consensus model then I'de love to hear it. Bitcoin is governed by 3-4 mining pools. 21 "master nodes" that can be voted in and out by stakeholders is mathematically more decentralized in my opinion.
It is already happening in the foreground of the digital world. The demand is there and the new supply is heavily int he making when it comes to cryptocurrency and new business models behind it filling those gaps.
I get it, but him telling millennials to hurry-up and save the environment… it makes me think nobody was listening the past 20 years.
That is the best an most important lecture I have ever watched . WELL DONE
Great information, thanks Jeremy Rifkin!
Watching this during corona crisis is like watching everything he said comes to life..
Me too, crazy!!!
Me three!
Agreed, Like he said its a constant cycle of back and forth
funny but the crisis was brought on by the same people who brought us the federal reserve.
And you guys still don't believe in the plandemic?
I came back to this 3rd industrial revolution for my research on sharing economies with the internet of things. Completely blown away from all that I've learnt so far.
Good to be listening in here from PNG 🇵🇬. I thoroughly enjoyed it from start 5o finish as I am in the heart of building a socal economy in my country.
This is life changing information that all of us should listen to . And make that change
The speech this guy put on reflects the antropocentric way of thinking that has develop the economic paradigm as the unique form of organise our lives. We have to realize that this "cientific-efficiency models" based on productivity has bring us to this massive social and environmental crisis all over the world. So why we should start a new economic revolution based on these same principles? Have we ever question these principles? It is the productivity that has to move our will or perhaps solidarity, empathy, love? Is this the one and only model of development to follow the next decades?
And yes, I have a another plan: reduce our ambitions and accept (integrate) the knowledge of the different. Start looking without any prejudice the other (people, cultures, animals, nature in general) and grow in harmony with them. Only then we will be able to build a healthy and sustainble society..
You have said it! This talk is disappointing to say the least:(((
bravo
I think there are a multitude of things that could occur to allow this vision to occur however not the least of which would be a massive die off of human population and precipitous decline in consumption. What you're saying is correct and part of the spiritual revolution. I just don't think we ought to eliminate technology from our lives. We didn't come this far to simply live in huts and amongst nature ( and if you want that by all means, I may choose to do so too). I just think crypto is the answer to resolve our financial debacle, the battery based transportation and projects like the meer reflections projects are but few examples of the kind of tech that will allow us to continue on and liberate ourselves from the constraints of modern life and potentially usher in a new existence with a new appreciation for each other and nature. Of course, we could also just be fucked 🙄 but the scenario where we all just realize we need to live in nature and eat within 10 kms again is beyond impossible. I'm interested and could do it. But most people can't.
This was one of the best documentaries I've ever seen. I feel it was a blessing and I'm looking forward to doing my part for the beneficial and productive third industrial revolution(Internet of Things and Digital Revolution). Have a goodnight everyone.
We need an updated version of this after covid
5 years later: Great information, great speech, but I need an update on that predictions. We want another of this!
Watched this months ago... As it goes along you get this impression of this well experienced and knowledgeable person who now in his older years wants to 'give back his wisdom' to safe the younger generations (sounds about right?). Then I thought, it's so easy for someone who has made it in his life to only now start really thinking about the future etc. If he stood there saying this in his thirties; that would be impressive. That would be revolutionary - and it would be ignored.
He's doing it for the $, NOT the SHARING economy.
He been doing this for a minute tho ….
@@richard9436 in our capitalist society all humans must earn money to survive in the world (unless you have access to money someone else earned). it's a fact of life. if you can make money by sharing positive, progressive ideas and practically reforming harmful systems (examples of reform in Germany, China were shared) how is that a bad thing?
in our society we also don't accept radical ideas from young people because they are just that - unproven ideas. it takes time, experience, money, and a network of people to bring concepts to fruition. it's one thing to have an idea and another to bring it to reality. that's not to say young people don't have great ideas, but not all ideas young people have are great in the context of reality. it makes sense for an older person to have a more complete understanding of that.
you must work within the existing system to create change/a new system (which is why Rifkin says there will be a transition period between the second and the third revolution). that also doesn't mean the new system will be perfect, it's just an evolution from the old, and eventually there should be an evolution from this third industrial revolution into the fourth.
it's easy to feel damned if you do and damned if you don't, but that doesn't negate the positive shifts that are happening however imperfectly. progress is not linear and it is very, very messy (as Rifkin described when mentioning "happiness is the blank pages of history"). it's a complex problem and no one solution is going to solve it for the rest of time. the worst thing we can do is let our fears decide for us that we will do nothing - because then our destruction is certain.
Damn! the whole world needs to watch this video! it is such a high time that the young present generation must take up all the necessary measures to follow these measures and act! There's no time for us to wait at all! if Mr.Jeremy Rifkin felt we might have a little time to change things back in 1973 then imagine what deep shit we all are already into. I'm very sure that the people living in the coastal areas are already feeling it in their gut about what's about to happen because of the climate change. The urban dwellers are still onto trying to believe that this is for real! With all the corrupt politicians and the 1% people who rule the globe are only oriented towards the profit-driven area and are safely secure. Our socio-economic system has been very dysfunctional and it is going to take every hand possible to get it right. There's so much that we don't learn AT ALL at educational system like what we just learned above!
Tool!
I’ve been searching for this doc for years. It just played after another random video.
I am very impressed with this man and the amount of detail that he went into when discussing the developments which were on the horizon - I hope that going forward, this man does a series on the intersection of technology and economics. He could cover UBI, wearables, IoT, A.I, Space, blockchain, drones, and autonomous cars for each individual episode.
I dnt know why, but the whole thing reminded me of Zeitgeist, a resources based economy. R. I. P Jaque fresco
sirin hamza we forge the future we live in every moment
Unfortunately the current power structure of the world is not going to let go of its deathgrip on the rest of humanity, not without a fight. Anything that arises in society that potentially threatens the power monopoly will either be destroyed, co-opted or otherwise perverted. We are part of the problem as we've accepted and continue to accept the current power dynamic out of familiarity, a prison on which we've established a zone of comfort within. What's required to save humanity from extinction is a radical shift in how we view and value our place in the world.
Eliah Holiday
Unfortunately this will be the new DEATHGRIP over humanity get ready for global fascism .........its in your face !!!!
Yes, we only know what we know (which is why this was so interesting to view, to expand our thinking!) The idea of touching a piece of plastic on a wall and having an electric light illuminate the darkness at a whim is our a priori experience now, but is all so new, really. (That experience didn't exist for the first 25 years of my grandparents lives!) vAnd not shared worldwide, either. It is now not only familiarity and "all we know", but a dependence we have, built for convenience and kept going because it is less work than making tallow candles for inferior light. And let's face it, for such hard workers on the one hand, we are also lazy and pampered as a society, and all of our built infrastructure caters to that. And all of that was built by the power monopoly, as you put it, and they will not go lightly into the night... Ever experienced a prolonged blackout of energy? Ecological devastation could put us there for intermittent or extended periods in the next 100 years or whatever time frame it is (and my grandparents were born 110 years ago, so this will be in the lived experience of our children, when WE are those grandparents.) So this is important. But wresting that control from the power structures that exist now is a tall order; aside from the monopolies and the corporate monied interests, just look at our Congress that is so divorced from our lives, some of them think of tech as "doohickies." No clue whatsoever. The new generations need to rush in to the civil and corporate infrastructure with new ideas, but well aware of the obstacles and how to neutralize them, it's to easy to be subsumed by these overriding interests and our own laziness too. The Beat generation and the hippies in the 60's, Occupy...they all build on each other and we learn more and more each wave, but how to take on a massive system like this will take some real energetics...that said, it's amazing how things flip on a dime when the time is right and the groundwork has been laid.
its* deathgrip. But yeah, you've hit the point...
Yes my Friend you have hit the Bull-Eye ! Your analogy and our Technology(s) is causing the Trauma of the World, PTSD.
True and I am afraid, since many countries are moving out from the Dollar dominance (Russia, China, Iran, Philippines), that the US will do everything possible to keep their world sole power, including a war that could threat the whole world... this is the current level of our leaders... they only threat each other, spend billions in weapons... instead they could use those resources to improve the world, I + D in medicine, in space, in so many areas... in fighting the hanger of half of the world, who actually it is hungry due to the corporations they created... another world it is possible, they just do not want it. Empty heads, unfortunately.
This man is a profound thinker/speaker. Amazing ! Wow !
30:00 this point just turned me pro transportation automation. What a great talk.
In my life it's the young people that want to own cars, leave electric lights on, don't think about the environment....It must therefore be some young, some old, some middle aged people who are aware of a need for change. It's simplistic to put all positive or negative attributes onto one generation.
the main point about young people is that they are going to recieve responsibility for whatever infrastructures are there for them, that and some of them are going to expand upon said infrastructures.
The young will turn old, so teach the young to be better and they will teach their young
Watched this for the first time today 5/17/2022.....would love to hear Jeremy's take on how we have moved forward...or back....on everything he talked about four years ago in this talk.
Yeah, I am about a month behind you (it's 4th of July, 2022), and I can't help but wonder if this--despite him saying that this will be a dangerous road--wasn't somewhat optimistic. Because it certainly seems like those whose hands have a grip on power aren't aging out and aren't letting go, and we teeter closer to the edge.
Amazing presentation. The information flowed smoothly.
Decentralization is the only answer to remove politics and monopoly.
yeah good luck with that :D
In a free-market society decentralization leads to increased inequality which ironically leads back round to centralization, only this time a corporate centralization. The key is to re-engineer market processes.
You will still need a decentralised and centralized system which works together somehow. I fully support DeCentralised but it's nice to have some control when shit goes pear shaped
I don't think removing politics will help. At least part of the answer to controlling monopolies is to strategically distribute or subsidise Technology developing in AI and harnessing and storing renewable energy I do think we need to allow more freedom and democracy at the level of policy, regulated by public interest.
A community petition activated system of government debate for or against a policy. Similar to the 100,000 petition mandatory debate in British parliament (but with actual teeth). This would allow the population to intervene on key issues and force government to consider popular opinion. Also, donor caps to prevent veiled oligarchy, like the Justice Democrats.
Renewable energy technologies like Tesla power wall and AI farming can help to decentralize energy and food production
Crypto son!
He is spot on with how the economy works and why we need to make the changes. But the crisis in 2008 was not from any new oil issues, we see that happen on a regular basis. In 2008 crisis, it was the big bankers scamming the bank system that took down the economy. Yes, it was all the big banks in the U.S., but there were other banks globally that was doing it as well. We absolutely need a different economic system the takes the control away from the government and bankers and puts it into an equality of the people. Until that happens, there will be no changes made anywhere. It is greed that has created the problems, and it has to be the fight against greed that will enable changes to be made.
You are talking about a problem within an industry, the financial industry. Oil spreads accross many industries and many countries and thus serves as a catalyst for economic stability across the world. You are giving corruption more credit then it deserves.
block chain digital assets Ripple XRP ripple.com/insights/the-internet-of-value-what-it-means-and-how-it-benefits-everyone/ and video ruclips.net/video/twqWyYrDObc/видео.html
It's called bitcoin.
No, not ripple - ripple is highly centralized and founded by banks. However, there are tons of alternatives. Tangle, Dag and distributed ledgers. But if you wanna mention cryptocurrencies i would say Iota, Monero and many others who are actively working their way away from centralization.
The banks were selling (packaged as prime investments) sub prime mortgages which are dodgy at the best of times. These are sold to people who can barely afford them anyway. So when the cost of living rises due to fuel costs increasing (and remember fuel increases affect EVERYTHING.
You can’t get goods to stores factories, power plants, without transport which runs on oil. And each step in the chain is increasing cost so an item could have triple the increase or more to an incremental increase in fuel cost.
These people fell over because they couldn’t afford to keep up house payments, car payments, food, fuel they had to decide what to dump, so they abandoned the houses. You can still rent but if you don’t have your car you’re not going to get to work. There’s a good movie about it called the big short.
The accumulation of the defaults created a domino effect went on to affecting the banks
Once word got out that the banks had failed assets instead of productive ones the market sentiment shifted and thus began the crash. Its now happening again by the way. A number of countries are now experiencing the financial stress of the oil price increases. www.bloomberg.com/view/articles/2018-10-02/emerging-markets-oil-shock-has-already-started?cmpid=BBD100318_MKT&
So yes the banks caused the crash but the initiating factor was due to the rise in fuel costs affecting the cost of all supply chains to the cost of living.
I enjoyed this inspiring lecture very much, the mixing with video clip made it even better.
Can anyone suggest another lecture that is as mind blowing and informative as this one? Extremely interested.
This is along the same lines but different conclusions - ruclips.net/video/5WPB2u8EzL8/видео.html
What a fascinating lecture; so many interesting ideas, but my favorite part is 22:50 - 28:46 where he draws the link between thermodynamics and economics. This really brought some clarity to my sense of a fundamental disconnect between economic theory and the natural world. The omission of the physical laws of energy transfer from classical macroeconomics is a big part of why modern civilization has grown dangerously overinflated on nonrenewable resources. Now we are learning to percieve this sustainability-sized blind spot.
If only Exotic Vacuum Objects were real technology.
There ALWAYS has been climate change for 4.3 billion years...and there ALWAYS will be.
Learn to think for yourself!
The dynamics between the sun and earth mostly are what have and what will ALWAYS cause climate change. The rest is what is inside the earth, which is mostly caused by the sun and earth dynamic, as well as other planets and the moon but not as much.
We, and our carbon "footprint" are just a fly on a camels back.
If you would stop being a machine and begin being human again (it's your choice) you will be able to think once again and realize the old communists with little man syndrome are not to be trusted. Just like fau ci....
Get thinking, or you will be one of the many who will be found guilty for the destruction of our liberties and destruction of humanity...because of guys like this...not the carbon dioxide we have put in the atmosphere.
Sickness of mankind is becoming a thoughtless machine
@@justthetruth6197 There's a bit more to it than just the sun and the earth. Are you aware that the metabolic processes of living organisms literally created the atmosphere on this planet? Take a look at data about the extent to which modern humanity has modified the surface of this planet. Our built environment and support systems encompass about 15% of the land area. Consider the vast quantities of energy that we expend as a de facto extension of our own metabolisms. Is it really so inconceivable that this could affect atmospheric processes? The world is vast, but we are many and our actions do affect the world around us.
You assume too much when you say that it is thoughtless to understand the reality of climate change. Do you suppose that everyone just takes the word of news articles? On the contrary - the dynamics of anthropogenic climate change are thoroughly documented and not very hard to understand. I've considered many arguments for and against - I'm not a thoughtless machine.
@@chrismorphis5132 these do called climate problems would be solved with simple pollution control. But you try to solve the problem under the wrong cause assumption you will make deadly mistakes.
@@deborahdean8867 simple pollution control such as what?
That was very inspiring. I could sit all day listen to this man!