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The Third Industrial Revolution
Book

The Third Industrial Revolution

How Lateral Power Is Transforming Energy, the Economy, and the World

Jeremy Rifkin
Palgrave Macmillan, 2013
First Edition: 2011

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Editorial Rating

8

Qualities

  • Innovative

Recommendation

Jeremy Rifkin, an economist and political adviser, presents a highly ambitious text that describes some fundamental transformations underway in the world economy, provides a road map to future change and explains why such massive shifts are necessary. Many of the topics Rifkin discusses will be familiar to you, such as the threat of climate change or the potential of new collaborative business models. What Rifkin offers, and what makes his book both exciting and a bit daunting, is an overarching narrative that places technological, social and economic currents in historical and modern contexts. The result is both educational and engaging. getAbstract finds that his analysis will intrigue futurists, those interested in the intersection of technology and society, and anyone concerned about life on Earth.

Take-Aways

  • The world is on the cusp of tremendous change: the “Third Industrial Revolution” (TIR).
  • As in the first two industrial revolutions, changing energy sources will link with modern communication technologies to spur economic growth.
  • The TIR has five pillars: renewable energy, “micropower plants,” “intermittent energy” storage, an “energy-sharing intergrid” and electric vehicles.

About the Author

Jeremy Rifkin, head of the Foundation on Economic Trends, is an adviser to the European Union and other governmental entities and chairs the Third Industrial Revolution Global CEO Business Roundtable. He is the author of numerous best-selling books, including The Hydrogen Economy.

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    O. A. 1 decade ago
    I found this a very interesting summary, and reading it actually made me want to read the entire book. I myself am finding it difficult to grasp how the world will change out of necessity to meet our growing energy needs as people. It requires a lot of collaboration and willingness to change what we believed to be best practices when it comes to our choices of fuel sources and energy consumption, as well as how we operate and function as a world. Two of the 'Take-Aways' also raised extremely interesting points: "The first two revolutions relied on competition; the third relies on collaboration." and "Societies will assess their progress based on quality of life, not gross domestic product." These two points are integral points in moving forward with energy resources/technology and balancing energy consumption, as well as how we focus on this task as a world.
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    J. F. 1 decade ago
    America is flooded with oil and recovery technology and this guy talks about our dependency on foreign oil...Political book for Obama .
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    M. R. 1 decade ago
    What I liked in this abstract/book is how it draws a connection between primary power source and society along with its power structures (former defines later) - never thought about it in that way, but it one of such things which seem to be obvious after somebody told/highlight them to you.