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Permalink Reply by Joan Denoo on January 25, 2013 at 10:46am

Jeremy Rifkin: A New Era of Capitalism

The Third Industrial Revolution will not only radically alter our economy, but also our social and political lives. The engine of the first industrial revolution, the railroad, and the defining feature of the second industrial revolution, fossil fuels, all require centralized management and massive concentrations of capital - the essence of modern capitalism. The third industrial revolution requires less. Author and economist Jeremy Rifkin tells Piya Chattopadhyay how an "energy internet" spread across millions of homes and offices will usher in a new era of decentralized, lateral power.