The Age of Access: How the Shift from Ownership to Access is Transforming Modern Life (Penguin Business Library)

The Age of Access: How the Shift from Ownership to Access is Transforming Modern Life (Penguin Business Library)

by JeremyRifkin (Author)

Synopsis

Imagine waking up one day to find that virtually everything you do has become a paid for experience. It is part of a fundamental change taking place in the nature of business, contends Jeremy Ritkin. After several hundred years as the organising principles of civilisation, the traditional market systems is beginning to break down. On the horizon looms the age of access , where we trade experiences instead of objects. In the hypercapitalist economy - characterised by continuous innovation and dizzying speed of change -buying thongs in markets an downing property becomes an outdated idea, while just in time access to virtually every kind of service, through vast commercial networks operating in cyberspace, becomes the norm. We increasingly pay for the experience of using things -in the form of subscriptions, memberships and leases -rather than pay for the things themselves. The bottom line: we are spending more and owning less. Similarly, companies are selling off property, leasing equipment, outsourcing activities and becoming weightless . Ownership of physical property, once considered a valued asset, is now regarded as a liability in the corporate world. Lifestyle marketing is th buzz in the commercial world as more and more consumers become members of corporate sponsored clubs and participate in corporate sponsored activities and events. The business of business, therefore, is no longer about exchanging property but, rather, buying access to one's daily existence in small commercial time-segments. In this book the author asks, will any time be left for relationships of a non-commercial nature? The changes taking place are part of an even larger transformation in the nature of capitalism. we are making a long-term shift from a system based on manufacturing goods to one based on the selling of cultural experiences. Global travel and tourism, fashion, food, sport, gambling, the virtual worlds of cyberspace and even social causes, are fast becoming the centre of an experimental economy that trades in cultural resources.

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More Information

Format: Paperback
Pages: 320
Edition: New edition
Publisher: Penguin Books Ltd
Published: 03 May 2001

ISBN 10: 014029547X
ISBN 13: 9780140295474

Author Bio
An internationally renowned social critic, Jeremy Rifkin is the best-selling author of The End of Work and The Biotech Century, both of which have been translated into fifteen languages. Rifkin is a fellow at the Wharton School Executive Education Program, where he lectures on new trends in science and technology and their impacts on the global economy, society and the environment for CEOs around the world. He is president of the Foundation on Economic Trends in Washington D.C.