The Third Industrial Revolution

Posted on October 14, 2011


The ever increasing extent of industrial/political cronyism in the U.S. economy is a serious concern.  Seeking Alpha is a website from my old investment world which looks for trends and places to earn increased returns.  Hazel Henderson reviews Jeremy Rifkin’s new book there, The Third Industrial Revolution.  In an alarming statement Henderson says, “My colleague Dr. James Fletcher on the Technology Assessment Advisory Board to the US Congress told us at a meeting in the 1970s that if the US had subsidized solar-based energies to the same extent it subsidized oil, coal, gas and nuclear energy, that our country would already be run on solar and renewables. Fletcher went on to become Administrator of NASA, the US space program. . . . However, as I found in the 1980s, the barriers were the incumbent fossil and nuclear industries whose influence over Congress kept their huge subsidies and forced renewables to climb a steeply-tilted playing field.”  Rifkin has solutions.  Let me know if you read the book.  . . . more>>