What's really clear to all of us in the business community is that GDP is slowing everywhere. And the reason is productivity has been declining now for 15 or 20 years all over the world. So we've got very high unemployment, and it's structural. And it's compounded by real-time climate change - that's really a game changer.
Jeremy RifkinWhat the public needs to understand is that these new technologies, especially in recombinant DNA technology, allow scientists to bypass biological boundaries altogether.
Jeremy RifkinWhat 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 RifkinNow in Wikipedia it's really interesting. If you put something incorrect up on Wikipedia within minutes there are people crawling all over that sentence saying, "This is wrong" or "I want to change this" or "You've got to include an amplification," et cetera. So there's this massive checks and balances that actually makes that accuracy work. This is the kind of model that we - and I'm not sure why no one's discussing this - that we now have to begin to apply to fake news.
Jeremy RifkinThe interesting thing is, while we die of diseases of affluence from eating all these fatty meats, our poor brethren in the developing world die of diseases of poverty, because the land is not used now to grow food grain for their families.
Jeremy RifkinI think capitalism will not disappear, but it's going to increasingly not be the exclusive arbiter of economic life. It's going to have to find value in interacting with the sharing economy on many levels. And this hybrid system that's already emerging among millennials is going to be a mature system where, by midcentury, part of the day will be in the capitalist market, part of the day in the sharing economy, depending on your marginal costs.
Jeremy Rifkin