Peer2Politics
135.7K views | +1 today
Follow
Peer2Politics
on peer-to-peer dynamics in politics, the economy and organizations
Curated by jean lievens
Your new post is loading...
Scooped by jean lievens
Scoop.it!

Contra Rifkin (1): Food and Manufacturing will never be zero marginal cost | P2P Foundation

“There are … holes below the waterline of Rifkin’s thesis. One is that atoms are heavy. The other is that human attention doesn’t get cheaper as you buy more of it. In fact, the opposite tends to be true – which is exactly why capitalists can make a lot of money by substituting capital goods for labor.
No comment yet.
Scooped by jean lievens
Scoop.it!

BOOK REVIEW: 'The Zero Marginal Cost Society': Welcome to the Brave New ... - HNN Huntingtonnews.net

BOOK REVIEW: 'The Zero Marginal Cost Society': Welcome to the Brave New ... - HNN Huntingtonnews.net | Peer2Politics | Scoop.it

Marginal cost is the term used in the science of economicsand business to refer to the increase in total production costs resulting from producing one additional unit of the item. Zero marginal cost describes a situation where an additional unit can be produced without any increase in the total cost of production. Producing another unit of a good can have zero marginal costs when that good is non-rivalrous, meaning that it is possible for one person to consume the good without diminishing the ability of others to simultaneously consume it as well. --Wise Geek.com

No comment yet.