Jeremy Rifkin Quotes


James Watt patented his steam engine on the eve of the American Revolution, consummating a relationship between coal and the new Promethean spirit of the age, and humanity made its first tentative steps into an industrial way of life that would, over the next two centuries, forever change the world.


Citations

Rifkin, Jeremy. The Third Industrial Revolution: How Lateral Power Is Transforming Energy, the Economy, and the World. Palgrave Macmillan, 2011.

Related Quotes

Stimson was one of the first to realize the new economic reality in America. In prior years, wealthy individuals financed most business and industrial efforts. However, the need for capital had become so great that wealthy individuals could no longer provide sufficient capital to underwrite some of the business efforts. The age of the corporation was dawning on America and Stimson was one of the first to recognize it.


One steam engine, pulling a large plow by cables and manned by 5 or 6 workers could do the work of 20 horse drawn plows each requiring 1 worker. In addition all the workers who were needed to maintain the horses and clean up after them were also no longer required.


Jeremy Rifkin
Jeremy Rifkin
  • Born: January 26, 1945
  • Nationality: American
  • Profession: Economist

Jeremy Rifkin is an American economic and social theorist, writer, public speaker, political advisor, and activist. Rifkin is the author of 21 books about the impact of scientific and technological changes on the economy, the workforce, society, and the environment. His most recent books include, The Green New Deal (2019), The Zero Marginal Cost Society (2014), The Third Industrial Revolution (2011), The Empathic Civilization (2010), and The European Dream (2004).