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Summary Of Third Industrial Revolution By Jeremy Rifkin

1037 Words5 Pages

According to Jeremy Rifkin, the Third Industrial Revolution its a phenomena going on since the end of World War II. The First Industrial Revolution started in late 18th and beginning of 19th centuries, at the burst of technology powered by steam power and its food the coal. At that period we faced the first major replacement of human labor for the new worker with less brains but more productivity and horsepower, the machine. The Second Industrial Revolution taking place at the end of the 19th and first half of the 20th century was powered by Fossil fuels, bearing the creation of new, more sophisticated and mighty machines, refining production techniques and destroying jobs at a higher rate. Although both Industrial Revolutions …show more content…

Machines and robot are subtituting human labour in a variety of tasks, forcing millions if workers from manufacturing and administration sectors to move, recycle or endorse the unemployment rate.

There are people who believe short term adjustments are naturally going to be made in order to restore healthy unemployment numbers. Eventually new opportunities are going to open for workers, thanks to the authomatized era the world has entered, with a burst in global market commerce and raw materials disposal.

Jeremy Rifkin on the other hand shows a different perspective. According to him the unbalanced and dysfunctional third industrial revolution, the communication and information era, would be causing a true revolution over work, ousting millions of workers from the labour markets and sentence them to either unemployment or uncertain situation. He sustains that a new global project has to be made, shaking the grounds of what we know as the concept of work in order for the capitalist system to

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