Rifkin is not just reporting these trends. He is also their advocate, extolling the virtues of a new economic system that will free us from the downsides of capitalism, which “feeds off scarcity”. And like any serious new paradigm theorist, he has named the system that will follow the capitalist era—the “collaborative commons”, the economic paradigm of the coming “age of abundance”.
Freeland is a financial journalist attempting to understand the new transnational class of high net worth individuals (HNWI), billionaires and multi-millionaires who have benefited so dramatically from the upheavals of the last decade.
Those of you who follow me may know that I come from the oil patch, a small town in OK where oil was akin to life, economically speaking, and have been fascinated for the last few years by how the worldwide energy industry is developing.
© 2014 CARTER PHIPPS.