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In food cooperatives, electricity cooperatives banking cooperatives housing cooperatives, all sorts of cooperatives that are not based on a profit motive. They pool their n. Shared resources on the commons. This cooperative is a comment and theres no direct profit. For example in the United States when you go to the Grocery Store a lot of the food you get is coming from agricultural cooperatives and invest part of u. S. Electricity comes from rural electricity cooperatives. They provide 70 of electricity. Its not a profitbased system. Its wildly successful. In new york we have housing cooperatives. In europe and asia and around the world more people bank in banking coops and commercial banks and their big players. Theyre not small players. Again we are so blinded to the idea theres only the capitalist market that we dont see around us is other reality cooperatives and nonprofit ....
Agriculture we have to turn it around. We need to move toward organic agriculture land reform and allow people to begin to shift their Food Production from fertilizers and pesticides to more organic treatment. To big john. In europe we are doing it. In parts of asia they are beginning to move toward a more agriculturally sustainable system. We are not hearing doing it here in the u. S. In any major way. Host one of the sections of the book makes a small concession to the idea of near zero marginal cost and i was struck by that. When i think about my internet of things i never believe that what i use is free. I pay comcast hundreds of dollars per month and i pay at t hundreds of dollars per month and i pay and a number of other companies for theirdevices and software to interact with the flow of data. Nothing about the internet is free. Some of those are sunken cost but every month i write a check to comcast. Guest every time i me ....
It is not 20 years away. 510 years. Already being tested in california. The question is, if we are headed toward near zero marginal cost labor what does it say about the prediction . What do we do . How do we define the human journey . Our people employed in this collaborative, and, in a zero Marginal Cost Society . In the short run i think there is a silver lining. I think that we have a 30year and tear interim where we will have to a bill that the internet of things. That is going to be laborintensive. We have to convert our entire energy use from fossil fuel and nuclear to Renewable Energy. That will require millions of jobs, thousands of new businesses. We have to transform the buildings in the world to your power plant said they can generate screen actors in the near building and it becomes our power plants. Were doing that now. We have to store all of that ener ....
Candidates. In europe we have Public Financing of elections so while the companies at the in brussels they cant write the legislation because they have to divide with other groups. The Regions National governments and ngos etc. So until we have dealt that though this whole question of Companies Buying electricity in the u. S. The u. S. Is going to continue to fall further behind. May come up with new ideas but if you are in an old Energy System and an old centralized economy based on a vertically integrated companies as possible the u. S. And canada will be secondtier countries 20 or 30 years from now. In europe we are wrestling with these issues on power. We told the Power Utility Companies they ....
Up next on booktv after words with guest host Siva Vaidhyanathan author of the globalization of everything. This week bestselling author Jeremy Rifkin and his latest book the zero cost society. In that the European Union advisor argues that capitalism is on its way out and Communications Energy and listed just ask internet will lead to its demise by increasing production and distribution and effectively eliminating corporate profits. The program is about an hour. Host hello. Jeremy rifkin is with me today. I am Siva Vaidhyanathan from the university of virginia and we are going to discuss his newest book the zero cost society. Its also his 20th book which is quite a feat in and of itself this book ....