What type of new economical system can organize this system? There is another sector in our life, that we rely on every single day, that are absolutely essential: the social commons, the social economy. It is all the activity we engage in to create social capital. It doesn't create capital market. Social commons is growing faster than the market place. It is growing faster than the market place. The social commons include any activity that is deeply social and collaborative.
Jeremy RifkinBack in the mid-1980s, congressional hearings were held after we brought this litigation, and held up the first experiment. At that time, I went in front of Congress, along with the major agencies involved with this.
Jeremy RifkinWikipedia is an amazing construct. It's a commons that works. I don't know how Jimmy Wales came up with it. I'm sure all of us would have said, "This is the stupidest thing we've ever heard of. That'll never work in a million years."
Jeremy RifkinThe position I took at the time was that we hadn't really examined any of the potential environmental consequences of introducing genetically modified organisms.
Jeremy RifkinIt is not uncommon to suppose that the free exchange of property in markets and capitalism are one and the same. They are not. While capitalism operates through the free market, free markets don't require capitalism.
Jeremy Rifkin