The Future of Capitalism
Anne McElvoy talks to the social theorist Jeremy Rifkin who foresees the gradual decline of capitalism and the rise of a collaborative economy. As new technology enables greater sharing of goods and services, Rifkin argues that it provides a challenge to the market economy. The sociologist Saskia Sassen warns that the majority of people may not enjoy the fruits of this new world as increasing inequality, land evictions and complex financial systems lead to their expulsion from the economy. The Conservative MP Kwasi Kwarteng looks back at the history of international finance and how gold and war have shaped the economic order of today.
Producer: Katy Hickman.
Jeremy Rifkin is an author, an adviser to the European Union and to heads of state around the world and President of the Foundation on Economic Trends in Washington, DC.
The Zero Marginal Cost Society: The Internet of Things, The Collaborative Commons, and The Eclipse of Capitalism is published by Palgrave Macmillan.
Saskia Sassen is Robert S. Lynd Professor of Sociology and co-chair of the Committee on Global Thought at Columbia University.
Expulsions: Brutality and Complexity in the Global Economy is published by Harvard University Press.
|Interviewed Guest||Jeremy Rifkin|
|Interviewed Guest||Saskia Sassen|
|Interviewed Guest||Kwasi Kwarteng|